$1,349,000
Est. $6,320/mo mortgage
143 Marconi Court · London East, N5V 0C9
MLS® X12669920
Listed Jan 6, 2026
Listing courtesy of Blue Forest Realty INC.·Updated Aug 21
Description
Turn-key, brand new investment opportunity! This newly built legal fourplex sits on a prominent corner lot at Marconi Blvd & Marconi Crt and is fully ready for immediate rental income. An excellent opportunity for both investors and owner-occupied buyers looking to live in one unit while generating strong rental income from the others.The property includes two spacious upper two-storey units, each offering 4 bedrooms, along with two separate lower units, each featuring 2 bedrooms.Every unit is individually metered for water and gas and has its own in-suite laundry, providing modern convenience for tenants and simplified management for owners. Fully legal and City-approved, this turn-key build is a premium, low-maintenance addition to any rental portfolio or live-in investment strategy.
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Property details
Interior
- Interior
- 3000-3500 sqft
- Rooms
- 9 rooms · 2 kitchens
- Bathrooms
- 2 × 2-piece on Main, 1 × 2-piece on Second, 4 × 3-piece on Second, 2 × 3-piece on Basement
- Basement
- Full, Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Fourplex, 2-Storey
- Age
- New
- Lot size
- 48.13 × 120.53 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $8,902/yr (2025)
Rooms
Main
- Kitchen
- 2.43 × 3.74 m
- Den
- 5.15 × 2.59 m
- Living Room
- 3.28 × 4.63 m
- Living Room
- 5.22 × 5.31 m
- Kitchen
- 3.9 × 4.1 m
Upper
- Bedroom
- 3.38 × 3.02 m
- Bedroom
- 3.84 × 4.56 m
- Bedroom
- 3.77 × 3.35 m
- Bedroom
- 3.74 × 3.71 m
- Bedroom
- 3.77 × 3.41 m
- Bedroom
- 3.35 × 3.02 m
- Bedroom
- 3.77 × 3.41 m
- Bedroom
- 3.41 × 3.22 m
Basement
- Bedroom
- 2.72 × 3.15 m
- Bedroom
- 5.15 × 2.59 m
- Bedroom
- 3.58 × 3.02 m
- Bedroom
- 2.72 × 3.15 m
Monthly paymentest. $7,664/mo all in
Monthly payment estimate
Land transfer tax$23,455 on closing
Ontario LTT
$23,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jan 6, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$525,000
360 Stratton Drive, London East
Sold$640,000
29 Balfour Place, London East
See what these 3 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 3 sales in the last 90 days, at an average of 96.1% of asking.
Avg. sold price
$795,000
Sale-to-list ratio
96.1%
Based on 3 recent comparable sales near this home.
Affordabilityneeds $324,000 household income
Minimum household income required
$324,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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