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MLS® X14144850
London, ON
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!
Inclusions
3 of each: refrigerator, stove
Exclusions
Tenants belongings
Broker
CENTURY 21 FIRST CANADIAN CORP
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Triplex
186 Clarence Street London
London East
Built
100+
Type
Triplex
Basement
Separate Entrance, Unfinished
Parking
None (1)
Property Tax
~$2,347/yr
Heating
Forced Air
Buying Essentials
Square Feet
1750 sqft
Facing Direction
East
Parking
None (1)
Finances
List Price
$399,900
Price per SQFT
$229/sqft
Property Tax
~$2,347/yr
Property Specs
Property Type
Triplex
MLS Size
1750 sqft
Age of Building
100+
Basement
Separate Entrance, Unfinished
Living & Amenities
Heating Type
Forced Air
Features
Accessory Apartment · Carpet Free · In-Law Capability · Primary Bedroom - Main Floor · Storage · Water Heater Owned · Water Meter
Policies & Utilities
Neighbourhood
London East
Listed On
Nov 3, 2026
Public Transit
Rec./Commun.Centre
School Bus Route
Park
River/Stream
Days on Market
Current: 4 days
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