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17 CARFRAE CRESCENT
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17 CARFRAE CRESCENT $1,100,000
2 days ago
$1,100,000
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17 CARFRAE CRESCENT
London South (South F), Ontario N6C4A8

MLS® Number: X12126523
6 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Solid Brick Triplex in the Heart of Old South- Turnkey Investment Opportunity. Welcome to this beautifully renovated solid brick triplex nestled in one of London's most sought-after neighbourhoods-Old South. Fully modernized from top to bottom, this income-generating property is the perfect blend of timeless charm and contemporary updates. Each of the three self-contained units has been thoughtfully upgraded and comes complete with five new appliances (2022) per unit, offering exceptional convenience for tenants. With an active rental license in place with the City of London, this is a fully compliant and ready-to-go investment. The newly constructed read deck and staircase (2023) are not only structurally sound but provide additional outdoor space and safe access for upper units. Two new heat pumps installed in 2023 ensure energy-efficient heating and cooling throughout the property, keeping utility costs low. Plus, the property features four separate hydro meters, making tenant utility management simple and transparent. Currently grossing over $64,000 annually, this triplex offers strong cash flow with room for growth. Whether you're looking to expand your portfolio or live in one unit while renting the others, this is a rare opportunity in a prime location. Don't miss your chance to own a beautifully updated, fully licensed triplex in Old South-steps from Wortley Village, parks, shops, and transit. (40391777)

Location Description

Grand Ave

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
South F
Land Size
33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$5,537
Parking Type
No Garage, Shared
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
6
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Features
Separate entrance
Basement Type
Full
Building Features
Features
Flat site, Dry
Foundation Type
Concrete
Fire Protection
Smoke Detectors
Building Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Rental Equipment
Water Heater
Structures
Deck
Heating & Cooling
Fireplace
3
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Public Transit
Parking
Parking Type
No Garage, Shared
Total Parking Spaces
4

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
123 ft
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
519-854-4550
REALTOR® Website
Email
Book showing
CENTURY 21 FIRST CANADIAN CORP
Brokerage
519-673-3390

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