Description

 Price: $ 729,900.00 MLS^®: X13110200         Location : 197 Barker Street, London East, ON N5Y 1Y2

Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street!

Location Description

Cheapside

Property Details

• Community: East C
• Property Type: Tenant/Residential Freehold
• Bedrooms: 8
• Bath: 3
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Brick-Vinyl Siding
• Total Parking Space: 6

Features

• Heating: Water Gas
• Sewer: Sewer ,