17 Carfrae Crescent, London South, ON

$999,999

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6

Beds

3

Baths

1,500

Square feet

About 17 Carfrae Crescent

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.

Features of 17 Carfrae Crescent

MLS® # X13770780
Price $999,999
Bedrooms 6
Bathrooms 3.00
Square Footage 1500-2000
Acres 0.00
Type Residential Freehold
Sub-Type Triplex
Style 2-Storey
Status Active

Community Information

Address 17 Carfrae Crescent
Area Middlesex
Subdivision South F
City London South
Province ON
Postal Code N6C 4A8

Amenities

Parking Spaces 4
# of Garages 1
Garages None
Is Waterfront No
Pool None

Interior

Heating Baseboard
Cooling Other
Fireplace Yes
Basement Separate Entrance, Full

Exterior

Exterior Brick

Listing Details

OfficeCENTURY 21 FIRST CANADIAN CORP

Listing Map