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For Sale · London South

17 Carfrae Crescent

London, ON · MLS® X13770780

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP

$999,999

17 Carfrae Crescent — photo 1
Bedrooms
7
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Lot Size
33 × 123 Feet
Property Type
Triplex
Neighbourhood
London South
Status
For Sale

About this home

Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations.

Features

  • Approximate age: 51-99
  • Basement: Separate Entrance, Full
  • Garage: None
  • 4 parking spaces
  • Cooling: Other
  • Heating: Baseboard
  • 3 kitchens
  • Deck

Location

Approximate location, geocoded from the listing address.

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