Realestate

Property Details

1 of 100
$729,900
197 Barker Street, London East, ON N5Y 1Y2
8
3
MLS®X13110200
Property Type
Residential Freehold
Sub Type
Triplex
Heating
Water
Cooling
Central Air, Wall Unit(s)
Lot Size
87.71 x 67.95 Feet
Approx Age
N/A
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!
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