For Sale: 17 Carfrae Crescent, London, ON - REW
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$999,999
7 bd 3 ba 1500 - 1999 sf Multifamily

17 Carfrae CrescentLondon, ON, N6C 4A8

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

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. (id:63626)
Listed by: THAO THAI, Salesperson, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,901
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
4
Parking Details
Shared, No Garage
Property Type
Multifamily
Depth
123 feet
Frontage
33.0 feet
Exterior Finish
Brick
Heating Type
Heat Pump, Baseboard heaters, Electric
Basement Details
Full, Separate entrance
Features
Dry, Fireplace(s), Flat site, Separate Electricity Meters, Separate Heating Controls, Smoke Detectors
Community
Agent details
Primary Agent
THAO THAI
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
1 Day
MLS® Number
X13770780
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

London South Collegiate Institute
  • Public
  • 9 - 12
Tecumseh Public School
  • Public
  • JK - 8
St Martin School
  • Catholic
  • JK - 8
Wortley Road Public School
  • Public
  • JK - 8
St. John French Immersion School
  • Catholic
  • JK - 8
Victoria Public School
  • Public
  • JK - 8
Holy Rosary School
  • Catholic
  • JK - 8
Aberdeen Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
Mountsfield Public School
  • Public
  • JK - 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
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