Jag Patel
Broker
$399,900
Available - For Sale
Listing ID: X14144850
186 Clarence Street , London East, N6B 2J7, Middlesex
| EXPAND YOUR INVESTMENT PORTFOLIO OR LIVE IN ONE UNIT AND RENT THE OTHERS! Located in London's historic SoHo neighbourhood, close to downtown and the Thames River, this triplex offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of the former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, 186 Clarence Street offers flexibility for both owner-occupiers and investors. The vacant front one-bedroom provides the opportunity to move in and enjoy rental income from the other two units as a mortgage helper, or select your own tenant and rent all three. The two occupied units currently generate combined monthly rent of $1,957.37. With estimated rent of $1,100-$1,200 per month for the vacant unit, projected gross annual rental income is approximately $36,688-$37,888 when fully rented. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal of this versatile SoHo property! |
| Price | $399,900 |
| Taxes: | $2347.00 |
| Occupancy: | Tenant |
| Address: | 186 Clarence Street , London East, N6B 2J7, Middlesex |
| Acreage: | < .50 |
| Directions/Cross Streets: | GREY STREET |
| Rooms: | 13 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Separate Ent, Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Lane, Priv |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Lane, Priv |
| Park #2 | |
| Parking Type: | Lane |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Fence - Partia |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Public Trans, Rec./Commun.Centre |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| CENTURY 21 FIRST CANADIAN CORP |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East K |
| Style: | 1 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $2,347 |
| Beds: | 4 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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