186 CLARENCE STREET
London East (East K), Ontario N6B2J7
- 4 Beds
- 3 Baths
- Multi-family
Listed by CENTURY 21 FIRST CANADIAN CORP
4 photos
Description
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! (id:37124)
Property details
| Price | $399,900 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Multi-family |
| Building type | Triplex |
| Storeys | 1.5 |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Lot size | 25 x 110 FT |
| Frontage | 25 |
| Zoning | R3-1 |
| Basement | Unfinished, Separate entrance, N/A, N/A |
| Heating | Forced air, Natural gas |
| Cooling | Central air conditioning |
| Exterior | Vinyl siding |
| Foundation | Block |
| Parking | No Garage |
| Parking spaces | 1 |
| Water | Municipal water |
| Sewer | Sanitary sewer |
| Appliances | Refrigerator, Water meter, Stove, Water Heater |
| Community | School Bus, Community Centre |
| View | City view |
| Annual taxes | $2,347 |
| Listed on | Nov 3, 2026 |
| MLS® number | X14144850 |
Location
All listing details (48)
| Appliances | Refrigerator, Water meter, Stove, Water Heater |
|---|---|
| Basement | Unfinished, Separate entrance, N/A, N/A |
| Bathrooms Total Integer | 3 |
| Bedrooms Above Grade | 4 |
| Bedrooms Total | 4 |
| City | London East (East K) |
| City Region | East K |
| Community Features | School Bus, Community Centre |
| Cooling | Central air conditioning |
| Country | Canada |
| Directions | Cross Streets: GREY STREET. ** Directions: HEADING WEST ON HORTON STREET E. TURN LEFT ONTO CLARENCE STREET. |
| Exterior Features | Vinyl siding |
| Fencing | Partially fenced |
| Fireplace YN | No |
| Foundation Details | Block |
| Frontage Length Numeric | 25 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Forced air, Natural gas |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 399900 |
| Living Area Maximum | 2000 |
| Living Area Minimum | 1500 |
| Living Area Units | square feet |
| Lot Features | Lane, Carpet Free |
| Lot Size Dimensions | 25 x 110 FT |
| Original Entry Timestamp | 2026-11-03T19:50:57.1Z |
| Parking Features | No Garage |
| Parking Total | 1 |
| Photos Count | 4 |
| Postal Code | N6B2J7 |
| Property Attached YN | Yes |
| Property Sub Type | Multi-family |
| Sewer | Sanitary sewer |
| Standard Status | Active |
| State Or Province | Ontario |
| Stories | 1.5 |
| Street Name | Clarence |
| Street Number | 186 |
| Street Suffix | Street |
| Structure Type | Triplex |
| Tax Annual Amount | 2347 |
| Utilities | Sewer, Electricity, Cable |
| View | City view |
| Water Source | Municipal water |
| Zoning Description | R3-1 |
Listing courtesy of
Listing brokerage
CENTURY 21 FIRST CANADIAN CORP
420 YORK STREET, LONDON, Ontario
Listing agent
ANNA GLADYSZ
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