For Sale: 142 John Street, London, ON - REW
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$674,900
7 bd 3 ba 1500 - 1999 sf Multifamily
142 John Street
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142 John StreetLondon, ON, N6A 1N8

Central London
  • 7 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Turnkey, separately metered triplex steps to downtown London and Western, generating $4,533 a month ($54,396 a year) in rental income with a current city rental licence already in hand. This fully self-contained three-unit property offers a spacious main level with 3 bedrooms and hardwood floors renting for $1,843, a bright upper unit with 2 bedrooms and an eat-in kitchen renting for $1,395, and a light-filled lower unit with 2 bedrooms and potential rent of $1,295, seven bedrooms in total. Each unit has its own kitchen, living space, bath, and separate entrance, and with three separately metered hydro units, tenants cover their own utility costs, keeping expenses predictable. The building has been updated over the years, blending original character with practical improvements, and its legal, licensed status with the City of London is a genuine advantage in a market where many comparable buildings are not. Just steps to transit, shopping, restaurants, and Western University, this address checks every box for long-term tenant demand, whether you are growing a portfolio or looking to house-hack with rental income covering the majority of your carrying costs. (id:63626)
Listed by: JUSTIN KONIKOW, Salesperson, PRIME REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
Gross Taxes for 2026
$6,060
Home facts
Bedrooms
7
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Lot Size
30 ft x 148 ft (4455 ft²)
Depth
148.5 feet
Frontage
30.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Partially finished,
Features
Flat site, Separate Electricity Meters, Smoke Detectors
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
JUSTIN KONIKOW
Primary Broker
PRIME REAL ESTATE BROKERAGE
Secondary Agent
Secondary Broker
PRIME REAL ESTATE BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
X13745052
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Jeanne-Sauvé Public School
  • Public
  • K - 8
London Central Secondary School
  • Public
  • 9 - 12
St Georges Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
Ryerson Public School
  • Public
  • JK - 8
H B Beal Secondary School
  • Public
  • 9 - 12
St Michael School
  • Catholic
  • JK - 8
Eagle Heights Public School
  • Public
  • JK - 8
Victoria Public School
  • Public
  • JK - 8
St Mary School
  • Catholic
  • 5 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-04.
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