197 Barker Street, London East, ON N5Y 1Y2
London East, ON, N5Y 1Y2 · East C
About this property
Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street!
Features & Amenities
- Basement: Full, Apartment
- Garage: None
- Cooling: Central Air, Wall Unit(s)
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 3 |
| Basement | Full, Apartment |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | Central Air, Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $6,034 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle, Flat
- Basement
- Full, Apartment
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- Central Air, Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 87.71
- Lot Width
- 67.95
- Lot Irregularities
- 68.12 ft x 102.55 ft x 44.68 ft x 6.52 f
Community & Neighborhood
- Property Features
- Hospital, Park, Public Transit, School, School Bus Route
Financial & Tax
- Tax Annual Amount
- $6,034
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Immediate if assuming tenants
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
- West
- County Or Parish
- Middlesex
- Cross Street
- Cheapside
- Directions
- ADELAIDE STREET HEADING NORTH, TURN RIGHT ON CHEAPSIDE ST. TURN LEFT ON BARKER. HOME IS ON THE LEFT.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
197 Barker Street, London East, ON N5Y 1Y2, London East, ON, N5Y 1Y2