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870 Queens Avenue

East G / London East, ON N5W 3H6

ActiveFor Sale
6 Beds
4 Baths
1,500 Sq Ft
Multi-Family

About This Property

Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms6
Bathrooms4
Postal CodeN5W 3H6
Last UpdatedAug 8, 2026 · 8:28 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12979630

Listed by THE AGENCY REAL ESTATE

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.

$1,200,000

asking price

MLS®X12979630
TypeMulti-Family
CityLondon East
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,860

/month · $960,000 mortgage

Down Payment20% — $240,000
Interest Rate5.5%

Amortization

Total Interest

$797,927

Total Cost

$1,757,927

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

THE AGENCY REAL ESTATE