A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 273 Thompson Rd, London South Ontario N5Z 2Z3
3 days on Market

273 Thompson Rd, London South, Ontario N5Z 2Z3

Detached
6 + 3
8
~1500-2000 sqft
$799,000
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Detached
6 + 3
8
~1500-2000 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$466/sqft

Monthly cost

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Description

Turnkey investment opportunity producing exceptional income. Very Well maintained by Professional property management company- Licenced 9 bedroom lodging house with 7 one-bedroom units with 7 bathrooms and a shared kitchen and 1 two-bedroom unit with its own kitchen, bathroom and living room. Currently fully leased. Roof 2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split add ARU. Reliable Cash Surplus investment.


Property Details

StyleOther
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size6,115 SqFt(152.8 x 40.02)
Parking Spaces10
MLS ®NumberX12766246
Community NameGlen Cairn
Data SourceTRREB
Listing byCENTURY 21 PEOPLE`S CHOICE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 6,115 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC., Brokerage
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Market Data - Glen Cairn

Geo Zone Map ThumbnailGlen Cairn

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

32 days

2024

38 days

2023

66 days

New Listings

Past 30 days

7 listings

Compared to

2025

18 listings

2024

10 listings

2023

22 listings

Units sold

Past 30 days

5 units

Compared to

2025

6 units

2024

11 units

2023

5 units

Median Sold Price

Past 30 days

$520,000

Compared to

2025

$552,500

2024

$603,898

2023

$535,000


Population and Demographics

Overview

Total population 16270
Average household income $88,351

Age (%)

0 to 19
25%
20 to 34
20%
35 to 49
19%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
63%
Single person
31%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
81%
Spanish
4%
Arabic
4%
Others
3%
Polish
2%
Portuguese
2%
Italian
1%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget