86 Wilson Avenue, London North, ON N6H 1X7
London North, ON, N6H 1X7 · North N
About this property
86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request.
Features & Amenities
- Basement: Finished, Partially Finished
- Garage: Detached
- Cooling: Central Air, Wall Unit(s)
- Heat Type: Forced Air
- Heat Source: Electric
- Style: Bungalow
- Construction: Board & Batten , Concrete Block
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | Bungalow |
| Bedrooms | 9 |
| Bathrooms | 3 |
| Basement | Finished, Partially Finished |
| Garage | Detached |
| Parking Spaces | 7 |
| Heat Type | Forced Air |
| Heat Source | Electric |
| Cooling | Central Air, Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $4,727 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Board & Batten , Concrete Block
- Foundation Details
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished, Partially Finished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Electric
- Cooling
- Central Air, Wall Unit(s)
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 7
- Parking Total
- 9.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 144.63
- Lot Width
- 55.83
Community & Neighborhood
- Property Features
- Fenced Yard, Public Transit, School Bus Route
Financial & Tax
- Tax Annual Amount
- $4,727
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 15
- Rooms Below Grade
- 4
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 8
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Middlesex
- Cross Street
- Chandler and Wilson
- Directions
- South on Wharncliffe, Turn East on Blackfriars, South on Wilson Ave
- Special Designation
- Heritage, Unknown
- Showing Requirements
- Lockbox, Showing System
Location
86 Wilson Avenue, London North, ON N6H 1X7, London North, ON, N6H 1X7