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186 CLARENCE STREET, London East (East K)
2025-05-21
Quick Summary
- Location
- 186 CLARENCE STREET, London East (East K), Ontario N6B2J7
- Price
- $449,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 4
- Bathrooms:
- 3
MLS®#X12162319
Property Description
Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Appliances: Water Heater, Water meter, Stove, Refrigerator
- Basement Development: Unfinished
- Basement Features: Separate entrance
- Basement Type: N/A, N/A (Unfinished)
- Exterior Finish: Vinyl siding
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Triplex
- Stories: 1.5
- Utility Water: Municipal water
Features
- Feature: Lane, Carpet Free
Land
- Land Size: 25 x 110 FT|under 1/2 acre
- Sewer: Sanitary sewer
Structure
- Structure: Shed
Zoning
- Description: R3-1
Information entered by CENTURY 21 FIRST CANADIAN CORP
Listing information last updated on: 2025-10-23 00:23:00
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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