About this property

ATTENTION INVESTORS! Solid brick turnkey triplex in London's SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio!

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13128296
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,100 sq ft
Lot Size	6,243 sq ft
Beds / Baths	4 bed · 3 bath
Neighbourhood	East L
City	London East
Postal Code	N5Z 1Z4
Province	ON
Listed Date	May 14, 2026
Brokerage	PRIME REAL ESTATE BROKERAGE