394 Thiel Street
London East, ON N5W 4P8
NewActiveFor Sale
8 Beds
3 Baths
2,500 Sq Ft
Multi-Family
About This Property
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Property Details
StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms8
Bathrooms3
ListedMarch 11, 2026
Postal CodeN5W 4P8
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12869698
Listed by STREETCITY REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,248
/month · $695,999 mortgage
Down Payment20% — $174,000
Interest Rate5.5%
Amortization
Total Interest
$578,497
Total Cost
$1,274,496
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
STREETCITY REALTY INC.