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$895,000
870 Queens Ave
London East, Ontario

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+15
Beds
6
Baths
4
Sqft
1,500
Type
Triplex
About this Property
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).
Listing Details
- MLS #
- X12979630
- Board
- PROPTX
- Market
- ontario
- Property Type
- Triplex
- Style
- 2-Storey
- Garage
- None
- Parking Spaces
- 3
- Basement
- Finished, Full
- Heating
- Forced Air
- Cooling
- None
- Pool
- None
- Lot Size
- 34 × 90 ft
- Annual Taxes
- $5,544/yr
- Listed By
- THE AGENCY REAL ESTATE
- Listed On
- April 9, 2026
Features & Extras
Extras
3 washers, 3 dryers, 3 stoves
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