786 Nelson Street, London East, ON N5Z 1K3, London East, ON, N5Z 1K3
MLS: X13101660 | Triplex
$499,900
Property Description
Triple-Unit Rental Gem! Welcome to a fantastic opportunity located in a vibrant and convenient London neighborhood! This freehold property is an ideal choice for savvy investors or first-time buyers & growing families looking to make some extra income with their property purchase. Enjoy a spacious lot with dimensions of approximately 60.96 x 80.21 ft, including a detached single garage and providing ample outdoor space for parking. This versatile freehold property features three fully licensed rental units, offering immediate income potential. This is the rare, high-yield opportunity you've been waiting for as the 3 units are freshly updated and ready to rent to new tenants at a relative market rate. Main Floor Front (2-Bedroom): A spacious and welcoming unit perfect for a small family or professional couple. Main Floor Back (1-Bedroom): A cozy, efficient suite ideal for a single tenant, maximizing the footprint of the main level. Lower Level (2-Bedroom): Forget the typical dark basement apartment-this unit is a standout. Featuring multiple large windows in both the bedrooms and the living area, the space is flooded with natural light. It also boasts private exterior access, ensuring complete autonomy and privacy for the tenant. Book a private viewing today!
Quick Facts
- Property Type: Triplex
- Style: Bungalow
- Bedrooms: 5 (3 above, 2 below)
- Bathrooms: 3
- Parking: 6.0 spaces (Private Double)
Costs
- Annual Taxes: $3,235.00 (2025)
Listing Provided by: PINHEIRO REALTY LTD
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air
- Basement: Apartment, Finished, Walk-Out
Exterior & Construction
- Style: Bungalow
- Exterior: Porch
- Roof: Metal
- Construction: Brick
- Foundation: Concrete Block
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: East L
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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786 Nelson Street, London East, ON N5Z 1K3, London East, ON, N5Z 1K3