Home with brick exterior material, street for 873 Lovett St, London Ontario N5Z 1N3
5 days on Market

873 Lovett St, London, Ontario N5Z 1N3

Detached
4 + 2
3
- sqft
$649,900
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Detached
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,791/mo

Tax Amount (2024)$2,313/yr

Days On Market5 days


Description

Welcome to 873 Lovett Street in London a true cash cow and a standout turnkey investment opportunity. This fully rented, all-brick triplex brings in an impressive $5,600 per month plus utilities, delivering strong, reliable cash flow. All three units are secured with fixed-term leases, giving investors peace of mind and income stability. The main floor unit is a well-maintained 2-bedroom, 1-bath, currently rented for $1,900 plus utilities. The lower-level unit offers 3 bedrooms and 1 bath, rented at $1,850 plus utilities, while the upper unit also generates $1,850 plus utilities. Located in a desirable area with easy access to transit, shopping, and other amenities, this property is a perfect addition to any serious investors portfolio.


Property Details

Style2-Storey
View-
Age of property100+
SqFt-
Lot Size4,598 SqFt(132.13 x 34.8)
Parking Spaces4
MLS ®NumberX12071095
Community NameHamilton Road
Data SourceTRREB
Listing byGOLD EMPIRE REALTY INC.

Features

Heating: Forced Air
Basement: Sep Entrance, Finished

Features

Lot size: 4,598 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by GOLD EMPIRE REALTY INC., Brokerage
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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%

Schools and amenities

Estimated Budget