142 JOHN STREET, London East (East F), Ontario, N6A1N8

Property Description

Welcome to 142 John Street - a solid, income-producing triplex nestled in the heart of Old North, one of London's most sought-after neighbourhoods, this property boasts classic charm with modern updates, making it an ideal investment opportunity. This property offers three self-contained units, each with its own kitchen, living space, and bath, and has been moderately updated over time to blend original character with practical, modern improvements. The main unit features 3 bedrooms, 1 bathroom, kitchen and hardwood floors. The upper unit offers 2 bedrooms, 1 bathroom, eat in kitchen, and a cozy living area, perfect for renter. The lower unit includes 2 bedrooms, 1 bathroom and a living area that boasts large windows, allowing for an abundance of natural light. It's an ideal opportunity for investors to secure a foothold in a high-demand rental area with proven performance and long-term upside. Additional highlights include laundry and separate entrances for each unit. Steps to amenities, transit, Western, and the downtown core, this location checks every box for long-term stability and tenant appeal. A smart, straightforward asset in a prime London neighbourhood. (id:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 7 (5 above, 2 below)
• Bathrooms: 3 (1 half)
• Attached: Yes
• Fireplaces: Yes
• Parking: 2 spaces (No Garage)
• Frontage: 30 ft (9.1 m)

Costs

• Annual Taxes: $6,060.28

Listing Provided by: PRIME REAL ESTATE BROKERAGE
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.