Gurvinder Nokwal REALTOR®
For Sale Triplex 46 days on market

$1,299,900

Est. payment $5,756/moCalculate yours

3857 Petalpath Way, London South, ON N6P 1H5

South, London, ON N6P 1H5

  • 5 + 2 Beds
  • 6 Baths
  • 1 Garage
  • 3,000 Sq Ft
Map

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC. MLS® X13738824

About this home

INVESTORS DREAM PROPERTY! CITY OF LONDON LICENSED TRIPLEX! Possible 6%+ CAP RATE -estimated $85,740 in gross yearly income. RARE investment opportunity in the heart of a vibrant new subdivision! Completed in 2025 - This immaculate Triplex boasts over 4,000 SF of finished modern living space, designed for ultimate convenience and low maintenance living. Each unit within this triplex offers its own unique blend of comfort and style. The main floor suite features 2 bedrooms, 2 full baths, and seamless garage access for added convenience. On the upper level, you’ll find 3 bedrooms, 2 full baths, and the cozy ambiance of an electric fireplace. Downstairs, the lower suite mirrors the main floor with 2 bedrooms, 2 full baths, and another inviting electric fireplace. With separate metering for gas and hydro for each unit, tenants enjoy autonomy over their utilities. Whether you’re envisioning long-term tenants or exploring the lucrative realm of short-term rentals like Airbnb, this property is a true money maker. Inside each unit, in-suite laundry facilities ensure maximum convenience, while generously sized bedrooms provide ample space for relaxation. With a layout that allows the main floor and lower level to function as one large unit if desired, the possibilities are endless. Situated just moments away from the junction of highways 401 and 402, commuting is a breeze, making this property an ideal choice for tenants seeking accessibility. Plus, you’re never far from everyday essentials with shopping, restaurants, banks, schools, and grocery stores all within easy reach. Whether you’re an astute investor seeking a reliable income stream or an owner-occupier looking to offset mortgage costs by renting out additional units, this triplex offers the perfect blend of versatility and profitability. Don’t miss out on this exceptional opportunity to secure your slice of real estate success! Schedule your viewing today. *Leases and Fire inspection report available upon request.

Property details

Overview

Property Type
Triplex
Style
3-Storey
For
For Sale
Status
New
Approximate Age
0-5
Size
3,000 sqft

Interior

Bedrooms
5 + 2
Bathrooms
6
Kitchens
3
Basement
Full, Finished, Separate Entrance, Apartment

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
36.19 x 109.56 Feet
Parking
Attached garage · 3 total
Zoning
R1-3(23)

Financial

Property Taxes
$7,829 (2026)

Location

Neighbourhood
South
Cross Street
BIG LEAF TRAIL & PETALPATH WAY
Direction Faces
North

Listing

MLS® Number
X13738824
Days on Market
46
Listed On
2026-09-02
Possession
FLEXIBLE
Listed By
CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

Rooms

Room Level Dimensions
Primary Bedroom Lower 18′ 0″ × 14′ 0″
Bedroom 2 Lower 12′ 0″ × 10′ 0″
Bedroom 2 Main 12′ 0″ × 10′ 0″
Primary Bedroom Second 17′ 0″ × 12′ 0″
Bedroom 2 Second 12′ 0″ × 14′ 0″
Family Room Lower 14′ 0″ × 12′ 0″
Family Room Second 18′ 0″ × 11′ 0″
Kitchen Main 9′ 0″ × 10′ 0″
Kitchen Lower 14′ 0″ × 12′ 0″
Primary Bedroom Main 12′ 0″ × 12′ 0″
Kitchen Second 11′ 0″ × 11′ 0″
Family Room Main 13′ 0″ × 12′ 0″

Features

Interior

  • Auto Garage Door Remote
  • Carpet Free
  • ERV/HRV
  • Floor Drain
  • On Demand Water Heater
  • Separate Heating Controls
  • Separate Hydro Meter
  • Sump Pump

Property

  • Golf
  • Hospital
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Pool

  • None
Included
(3) Fridges, (3) Stoves, (3) Dishwashers, (3) Microwaves, (3) Washers, (3) Dryers, Garage Door Opener
Excluded
None
Rental items
Tankless Water Heater

Mortgage calculator

Minimum for this price: $104,990 (8.08%)

Amortization, years

Estimated mortgage payment

$5,756 per month

Principal and interest
$5,756
Property tax
$652
Estimated monthly cost
$6,408

Your mortgage

Mortgage amount
$1,039,920
Mortgage insurance
Not needed
Interest over 25 years
$686,783

Cash to close

Down payment
$259,980
Land transfer tax
$22,473
Total, before legal fees
$282,453
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

3857 Petalpath Way, London South, ON N6P 1H5 South, London, ON N6P 1H5
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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).

$1,299,900 3857 Petalpath Way, London South, ON N6P 1H5
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