394 Thiel Street, London East, ON N5W 4P8
London East, ON, N5W 4P8 · East H
About this property
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Brick, Concrete Poured
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 3-Storey |
| Bedrooms | 8 |
| Bathrooms | 3 |
| Lot Size | 0 Feet |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $5,381 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Countertop Range, Floor Drain, On Demand Water Heater, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Meter
Exterior Features
- Exterior Features
- Patio, Privacy, Porch
- Other Structures
- Fence - Partial
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick, Concrete Poured
- Foundation Details
- Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete
- Roof
- Asphalt Shingle, Unknown
- Basement
- Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
- Parking Total
- 7.00
- Parking Features
- Private Double, Available, Lane, Reserved/Assigned
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.19
- Lot Size Units
- Feet
- Lot Depth
- 117.30
- Lot Width
- 60.07
- Lot Irregularities
- 8,245.15 ft(0.189 ac)
Community & Neighborhood
- Property Features
- Arts Centre, Library, Park, Public Transit, School, Hospital
Financial & Tax
- Tax Annual Amount
- $5,381
- Tax Year
- 2025
- Tax Assessed Value
- $321,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Middlesex
- Cross Street
- Dundas & Second St
- Directions
- Dundas at Second st.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, See Brokerage Remarks, Showing System, List Salesperson
Location
394 Thiel Street, London East, ON N5W 4P8, London East, ON, N5W 4P8