17 Carfrae Cres

About this Property

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.

Listing Details

MLS #

X13770780

Board

PROPTX

Market

ontario

Property Type

Triplex

Style

2-Storey

Year Built

51-99

Garage

None

Garage Spaces

1

Parking Spaces

4

Basement

Sep Entrance, Full

Heating

Baseboard

Cooling

Other

Pool

None

Lot Size

33 × 123 ft

Annual Taxes

$5,901/yr

Listed By

CENTURY 21 FIRST CANADIAN CORP

Listed On

September 11, 2026

Features & Extras