394 Thiel ST, London East, ON N5W 4P8
394 Thiel ST, London East, ON N5W 4P8
394 Thiel ST, London East, ON N5W 4P8
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$869,999
Est. payment /mo
8 Beds
3 Baths
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision East H

MLS Listing ID X12869698

Style 3-Storey

Bedrooms 8

Annual Tax Amount $5,381

Tax Year 2025

Property Sub-Type Triplex

Property Description

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

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room No

Basement Finished

Kitchen 3

Interior

Interior Features Countertop Range, Floor Drain, On Demand Water Heater, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Patio, Privacy, Porch

Parking Features Private Double, Available, Lane, Reserved/Assigned

Pool None

Waterfront Description None

View Garden, Panoramic, Trees/Woods

Roof Type Asphalt Shingle,Unknown

Topography Dry,Flat,Level,Open Space

Lot Frontage 60.07

Lot Depth 117.3

Total Parking Spaces 7

Building

Building Age 51-99

Unit Features Arts Centre,Library,Park,Public Transit,School,Hospital

Foundation Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete

Others

Security Features Alarm System,Carbon Monoxide Detectors,Concierge/Security,Heat Detector,Security System,Smoke Detector

ParcelsYN Yes


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Listed by STREETCITY REALTY INC.

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Zachary Timmerman

Zachary Timmerman

+1(519) 702-5979

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