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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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394 Thiel Street London
For SalePrice DropLondon East

394 Thiel Street London, Triplex for Sale

MLS® X12869698

London, ON

241 days on market
$899,900
Previously $936,999
Show on Map
Show on Map
8Beds
3Baths
2,750Sqft
7Parking
Triplex

Overview· 394 Thiel Street London

MLS® #X12869698

Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor

Inclusions

All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. CoinLaundry on the Main Floor

Exclusions

None

Broker

RIGHT AT HOME REALTY

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Walk Score®76Very WalkableVery Walkable
Transit Score®47Some TransitSome Transit
Bike Score®65BikeableBikeable
Schools427 schools within 1.5 km · nearest 931 m7 schools within 1.5 km · nearest 931 m
Parks304 parks within 1 km · nearest 688 m4 parks within 1 km · nearest 688 m
Convenience537 groceries, cafes and pharmacies within 1 km · nearest 306 m7 groceries, cafes and pharmacies within 1 km · nearest 306 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 394 Thiel Street London

Source: MLS® listing data
394 Thiel Street London

Triplex

394 Thiel Street London

London East

Built

51-99

Type

Triplex

Basement

Finished

Parking

None (7)

Property Tax

~$5,381/yr

Heating

Forced Air

Buying Essentials

Square Feet

2750 sqft

Facing Direction

East

Parking

None (7)

Finances

List Price

$899,900

Price per SQFT

$327/sqft

Property Tax

~$5,381/yr

Property Specs

Property Type

Triplex

MLS Size

2750 sqft

Age of Building

51-99

Basement

Finished

Living & Amenities

Heating Type

Forced Air

Features

Countertop Range · Floor Drain · On Demand Water Heater · Separate Hydro Meter · Upgraded Insulation · Water Heater Owned · Water Meter

Policies & Utilities

Neighbourhood

London East

Listed On

Mar 11, 2026

Arts Centre

Library

Park

Public Transit

School

Hospital

Price & Listing History

Days on Market

Current: 241 days

0306090120+

Rooms

Bedroom(Ground)

14.0 x 11.7

165 sqft

Bedroom(Ground)

14.0 x 11.7

165 sqft

Kitchen

12.0 x 11.4

137 sqft

Family Room(Second)

20.0 x 17.0

340 sqft

Bedroom

14.0 x 11.7

165 sqft

Bedroom

14.0 x 11.7

165 sqft

Bedroom

12.0 x 12.0

143 sqft

Kitchen

12.3 x 11.7

145 sqft

Bedroom(Third)

14.0 x 11.7

165 sqft

Bedroom

14.0 x 11.7

165 sqft

Bedroom

12.3 x 12.0

147 sqft

RoomsDimensionsFeaturesSqft
Bedroom(Ground)14.0 x 11.7—165
Bedroom(Ground)14.0 x 11.7—165
Kitchen12.0 x 11.4—137
Family Room(Second)20.0 x 17.0—340
Bedroom14.0 x 11.7—165
Bedroom14.0 x 11.7—165
Bedroom12.0 x 12.0—143
Kitchen12.3 x 11.7—145
Bedroom(Third)14.0 x 11.7—165
Bedroom14.0 x 11.7—165
Bedroom12.3 x 12.0—147

Rooms

11

Listed Room Area

1,902 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$3,620/mo
Property Tax$448/mo
Total Monthly$4,068

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0