142 JOHN STREET, London East (east F), ON N6A1N8
142 JOHN STREET, London East (east F), ON N6A1N8
142 JOHN STREET, London East (east F), ON N6A1N8
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Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$674,900
Est. payment /mo
7 Beds
3 Baths
1,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $449

Subdivision East F

MLS® Listing ID X13745052

Bedrooms 7

Half Baths 1

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Main level 3.96 m X 3.65 m Living room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Muhamed Awada

Muhamed Awada

+1(613) 720-4237

Real Estate Agent License ID: 4726552

Real Estate Agent License ID: 4726552

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