$799,999
Est. payment $3,542/moCalculate yours
86 Wilson Avenue, London North, ON N6H 1X7
North, London, ON N6H 1X7
- 8 + 1 Beds
- 3 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of THRIVE REALTY GROUP INC. MLS® X13830312
About this home
86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there’s real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request.
Property details
Overview
- Property Type
- Triplex
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 8 + 1
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Finished, Partially Finished
Building & Systems
- Heating
- Forced Air (Electric)
- Cooling
- Central Air, Wall Unit(s)
- Exterior
- Board & Batten , Concrete Block
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 55.83 x 144.63 Feet
- Parking
- Detached garage · 9 total
- Zoning
- R2-2
Financial
- Property Taxes
- $4,727 (2025)
Location
- Neighbourhood
- North
- Cross Street
- Chandler and Wilson
- Direction Faces
- East
Listing
- MLS® Number
- X13830312
- Days on Market
- 23
- Listed On
- 2026-09-25
- Possession
- Flexible
- Listed By
- THRIVE REALTY GROUP INC.
Rooms
Features
Interior
- Carpet Free
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Separate Hydro Meter
Property
- Fenced Yard
- Public Transit
- School Bus Route
Pool
- None
- Included
- All appliances on-site; Misc furniture items on site
- Excluded
- Tenant Belongings
- Rental items
- Tankless Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$3,542 per month
- Principal and interest
- $3,542
- Property tax
- $394
- Condo fees
- $0
- Estimated monthly cost
- $3,936
Your mortgage
- Mortgage amount
- $639,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,667
Cash to close
- Down payment
- $160,000
- Land transfer tax
- $12,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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