Gurvinder Nokwal REALTOR®
For Sale Triplex 23 days on market

$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
Map

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

Room Level Dimensions
Bathroom Main 7′ 7″ × 7′ 4″
Kitchen Main 14′ 1″ × 11′ 1″
Bedroom Main 9′ 2″ × 16′ 8″
Bedroom Basement 12′ 5″ × 9′ 8″
Bedroom Main 10′ 2″ × 8′ 1″
Foyer Main 13′ 0″ × 13′ 8″
Bathroom Main 4′ 11″ × 9′ 7″
Kitchen Main 12′ 5″ × 16′ 1″
Bedroom Main 11′ 5″ × 8′ 8″
Living Room Main 15′ 3″ × 7′ 7″
Bedroom Main 10′ 1″ × 8′ 1″
Kitchen Main 11′ 7″ × 17′ 11″
Bedroom Main 13′ 4″ × 13′ 3″
Bathroom Main 5′ 3″ × 7′ 7″
Living Room Basement 19′ 0″ × 12′ 8″
Bedroom Main 13′ 2″ × 8′ 8″
Laundry Basement 8′ 0″ × 17′ 5″
Bedroom Main 7′ 7″ × 10′ 0″
Bedroom Main 9′ 7″ × 13′ 1″
Living Room Basement 17′ 0″ × 9′ 8″

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

Minimum for this price: $55,000 (6.87%)

Amortization, years

Estimated mortgage payment

$3,542 per month

Principal and interest
$3,542
Property tax
$394
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
Total, before legal fees
$172,475
Talk to me about financing

Estimates 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

86 Wilson Avenue, London North, ON N6H 1X7 North, London, ON N6H 1X7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$799,999 86 Wilson Avenue, London North, ON N6H 1X7
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