$999,999
Est. payment $4,428/moCalculate yours
17 Carfrae Crescent, London South, ON N6C 4A8
South, London, ON N6C 4A8
- 6 + 1 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP MLS® X13770780
About this home
Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London’s most desirable rental locations.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,500 sqft
Interior
- Bedrooms
- 6 + 1
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Separate Entrance, Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Other
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 123 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $5,901 (2025)
Location
- Neighbourhood
- South
- Cross Street
- Grand Ave
- Direction Faces
- West
Listing
- MLS® Number
- X13770780
- Days on Market
- 37
- Listed On
- 2026-09-11
- Possession
- Flexible
- Listed By
- CENTURY 21 FIRST CANADIAN CORP
Features
Interior
- Separate Heating Controls
- Separate Hydro Meter
Property
- Public Transit
- Rec./Commun.Centre
Pool
- None
- Included
- All 5 appliances in each unit X3
- Excluded
- Tenant Belongings
- Rental items
- Hot water heater
Mortgage calculator
Estimated mortgage payment
$4,428 per month
- Principal and interest
- $4,428
- Property tax
- $492
- Condo fees
- $0
- Estimated monthly cost
- $4,920
Your mortgage
- Mortgage amount
- $799,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $528,334
Cash to close
- Down payment
- $200,000
- Land transfer tax
- $16,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,475
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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