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TTRREB MLS® ListingInformation is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing Brokerage: CENTURY 21 FIRST CANADIAN CORPLast Updated: May 6, 2026 at 11:27 AM EDTData provided by the Toronto Regional Real Estate Board (TRREB) via PropTx / AMPRE.

Want full details? Sold history, days on market, and additional listing data are available to registered users after a one-time terms acceptance.

92 Rectory Street, London East, ON N5Z 1Z8, London East, ON, N5Z 1Z8

MLS: X13090252 | Triplex

$224,900

92 Rectory Street, London East, ON N5Z 1Z8, London East, ON, N5Z 1Z8 — Photo 1

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92 Rectory Street, London East, ON N5Z 1Z8, London East, ON, N5Z 1Z8 — Photo 20

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Property Description

LEGAL LICENSED TRIPLEX IN THE CORE OF LONDON - HIGH-YIELD, TURNKEY OPPORTUNITY. This fully legal and licensed triplex delivers immediate cash flow with strong fundamentals and built-in upside, positioned in one of London's most accessible and high-demand rental corridors. Featuring stable, long-term tenants who are cooperative and easy to manage, this asset is ideal for investors seeking reliable income with minimal operational friction. Current rents are: Unit #1 at $1,200/month plus electricity, Unit #2 at $941/month, and Unit #3 at $729/month. A vacant double room in Unit #3 presents an immediate value-add opportunity to increase revenue from day one. Professional property management is already in place and may be retained, offering a seamless, turnkey transition. Rental license documentation is available, providing confidence and compliance for investors.Strategically located near downtown, transit, and key amenities, this property benefits from consistent tenant demand and long-term rental stability. A rare opportunity to acquire a compliant multi-family asset with strong in-place income, operational ease, and clear upside potential in a proven location. Ideal for investors looking to scale their portfolio with a low-maintenance, high-efficiency property.Unit #3 includes a vacant double room, creating immediate upside.Conservative Upside Scenario:Add second room rental (est.): $600/month Projected Monthly Rent: $3,470Projected Annual Rent: $41,640Cap Rate (Assuming ~30% expenses typical for triplex)Current NOI: ~$24,108Current Cap Rate: ~10.7%Pro Forma NOI: ~$29,148Pro Forma Cap Rate: ~13.0%

Directions: south on rectory just passed the lights on hamilton and its on the left.

Inclusions: to be established through tenant acknowledgements

Quick Facts

Property Type: Triplex
Style: 2-Storey
Bedrooms: 7 (7 above)
Bathrooms: 3
Parking: 10.0 spaces

Costs

Annual Taxes: $2,565.00 (2025)

Listing Provided by: CENTURY 21 FIRST CANADIAN CORP
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

Cooling: None
Basement: Unfinished

Exterior & Construction

Style: 2-Storey
Roof: Asphalt Shingle
Construction: Brick
Foundation: Concrete, Block
Sewer: Sewer

Lot & Land

Pool: None

Community & Neighbourhood

Neighbourhood: East L

Listing Information

MLS® NumberX13090252

BoardLondon and St. Thomas Association of REALTORS

Originating SystemToronto Regional Real Estate Board

BrokerageCENTURY 21 FIRST CANADIAN CORP

Date ListedMay 6, 2026

Last UpdatedMay 6, 2026

Listing History

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Sold history, price changes, and days-on-market are reserved for registered users.

Per TRREB / PropTx Virtual Office Website (VOW) terms, this data is available to logged-in users who have accepted the VOW Terms of Use.

Location & Neighborhood

📍92 Rectory Street, London East, ON N5Z 1Z8, London East, ON, N5Z 1Z8

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Mortgage & Cost Calculators

Home Price

Down Payment 20%

Interest Rate (%)

Amortization

Payment Frequency

Property Tax ($/yr)

Condo / Strata Fee ($/mo)

Annual Household Income

Down Payment

Interest Rate (%)

Monthly Debts ($)

Property Tax ($/yr)

Heating ($/mo)

Condo Fee ($/mo)

Home Price

Down Payment 11.1%

Purchase Price

Province

First-time home buyer

Property in Toronto

Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

20 properties

66 Days on Market

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30 Lake Street, Havelock-Belmont-Methuen, ON K0L 1Z0, Havelock-Belmont-Methuen

92 Rectory Street, London East, ON N5Z 1Z8, London East, ON, N5Z 1Z8

$224,900

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Property Description

Quick Facts

Costs

Detailed Features

Interior & Systems

Exterior & Construction

Lot & Land

Community & Neighbourhood

Listing Information

Listing History

Location & Neighborhood

🚗 Travel times

Neighborhood Walkability

Mortgage & Cost Calculators

Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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