Unknown for 140 Rectory St, London East Ontario N5Z 2A3
Re-listed 3 days ago

140 Rectory St, London East, Ontario N5Z 2A3

Townhouse
4
3
~1500-2000 sqft
$•••,•••
$429,000
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Townhouse
4
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$250/sqft

Est. Mortgage$1,842/mo

Tax Amount (2024)$3,665/yr

Days On Market3 days

Total Days On Market94 days


Description

Prime Triplex Investment in the Heart of London! Unbeatable value in a well-located triplex, just minutes from Downtown and close to all amenities. This solid investment offers ample parking, a fenced backyard, separate hydro meters, private entrances for each unit, and driveways on both sides of the property. Unit 1: 1 bed + den | $745.94/month | Month-to-month. Unit 2: 1 bed + den | $783.00/month | Month-to-month. Unit 3: 2 beds | $1,750/month | Month-to-month. The unfinished basement presents the potential for a fourth unit, while zoning permits an ADU, opening even more revenue opportunities. Whether you're expanding your portfolio or purchasing your first investment property, this is an opportunity you don't want to miss! Book your showing today!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,800 SqFt(120 x 40)
Parking Spaces5
MLS ®NumberX12176963
Community NameHamilton Road
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 4,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

82 days

Compared to

2024

14 days

2023

12 days

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

5 listings

2023

2 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$490,000

Compared to

2024

$560,000

2023

$387,500


Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

50 to 64
23%
20 to 34
22%
35 to 49
20%
0 to 19
20%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget