6 Beds
4 Baths
C$920,000
870 QUEENS AVENUE, London East ( East G ) Ontario, N5W3H6
Property typeMulti-family
Courtesy of JEFF WYBO with THE AGENCY REAL ESTATE
Overview
Active
Listed Apr 9, 2026
Updated 3 days ago
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing). (id:41202)
Additional information
- MLS® ID
- X12979630
Interior Features
- Bedrooms
- 6
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $5,544
- Tax Frequency
- Annually
Courtesy of JEFF WYBO with THE AGENCY REAL ESTATE
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