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Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing).
Inclusions
3 washers, 3 dryers, 3 stoves
Broker
THE AGENCY REAL ESTATE
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Triplex
870 Queens Avenue London
London East
Type
Triplex
Basement
Finished, Full
Parking
None (3)
Property Tax
~$5,544/yr
Heating
Forced Air
Buying Essentials
Square Feet
1750 sqft
Facing Direction
East
Parking
None (3)
Finances
List Price
$895,000
Price per SQFT
$511/sqft
Property Tax
~$5,544/yr
Property Specs
Property Type
Triplex
MLS Size
1750 sqft
Basement
Finished, Full
Living & Amenities
Heating Type
Forced Air
Features
None
Policies & Utilities
Neighbourhood
London East
Listed On
Apr 9, 2026
Days on Market
Current: 212 days
Room information is not available for this listing.
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