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$849,900

142 JOHN STREET, London East (East F), Ontario, N6A 1N8

MLS® # X12739732

London East (East F) ON, N6A 1N8

MLS® # X12739732

Property Information:

Welcome to 142 John Street - a solid, income-producing triplex nestled in the heart of Old North, one of London's most sought-after neighbourhoods, this property boasts classic charm with modern updates, making it an ideal investment opportunity. This property offers three self-contained units, each with its own kitchen, living space, and bath, and has been moderately updated over time to blend original character with practical, modern improvements. The main unit features 3 bedrooms, 1 bathroom, kitchen and hardwood floors. The upper unit offers 2 bedrooms, 1 bathroom, eat in kitchen, and a cozy living area, perfect for renter. The lower unit includes 2 bedrooms, 1 bathroom and a living area that boasts large windows, allowing for an abundance of natural light. It's an ideal opportunity for investors to secure a foothold in a high-demand rental area with proven performance and long-term upside. Additional highlights include laundry and separate entrances for each unit. Steps to amenities, transit, Western, and the downtown core, this location checks every box for long-term stability and tenant appeal. A smart, straightforward asset in a prime London neighbourhood. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Partially finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+2
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Public Transit
  • Features: Flat site
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 148.5 Feet
  • Lot Frontage: 30 Feet
  • Lot Size: 30 x 148.5 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Living Main Level 3.96 m x 3.65 m

Convert Measurement to:


Courtesy of: PRIME REAL ESTATE BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 142 JOHN STREET, London East (East F), Ontario, N6A 1N8

Demographic Information of 142 JOHN STREET, London East (East F), Ontario, N6A 1N8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$110,767.31

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.15 %

High school certificate or equivalent

28.34 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

19.38 %

University certificate (below bachelor)

1.99 %

University Degree

40.78 %

Commuter

Travel To Work

By Car

63.05 %

By Public Transit

15.13 %

By Walking

17.38 %

By Bicycle

2.19 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.59 %

Houses

19.41 %

Own Vs. Rent