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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision South I
MLS Listing ID X12132746
Sold Date 07/08/25
Style Bungalow-Raised
Bedrooms 4
Building Age 51-99
Annual Tax Amount $3,524
Tax Year 2024
Property Sub-Type Triplex
Property Description
Licensed Legal Triplex. 2 - 1 Bedroom units and 1 - 2 Bedroom unit. Excellent location fronting on a quiet dead end street and backing onto green space. All units are on ground floor or above and all have large bright windows, with individual electric meters & owned water heaters. Replacement windows(2013), exterior doors(2014), roof shingles (2018) ,all siding removed, insulation added & new siding, soffit & eaves installed (2014), offering a significant savings to tenants on hydro costs. Updated kitchens in Unit B (2023) and unit C(2024). This property has been well maintained by the current owners for the last 10+ years. Owner pays for water, insurance, and property taxes. Close to schools, LHSC and bus. 24 hours notice for showings is a must. Parking for 3 + cars. Excellent tenants. All tenants on a month to month tenancy. All rents are below market value. Units A & B are mirror images of each other. Unit C is 2 bedroom. Rents= A. $840.00, B. $920.00, C. $1077.00 Expenses $453.17 (Water, Insurance, Property Taxes. All numbers are per month.
Location
Province ON
County Middlesex
Community South I
Area Middlesex
Zoning R2-2
Rooms
Family Room No
Basement Walk-Out
Kitchen 3
Interior
Interior Features None
Cooling None
Exterior
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 180.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
Senior Community No
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