$899,900
Est. $4,216/mo mortgage
394 Thiel Street · London East, N5W 4P8
MLS® X12869698
Listed Mar 11, 2026
Listing courtesy of Right At Home Realty·Updated 5 days ago
Description
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
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Property details
Interior
- Interior
- 2500-3000 sqft
- Rooms
- 12 rooms · 3 kitchens
- Bathrooms
- 1 × 4-piece on Ground, 1 × 4-piece on Second, 1 × 4-piece on Third
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- None
Building & lot
- Type
- Triplex, 3-Storey
- Age
- 51-99 years
- Lot size
- 60.07 × 117.3 ft · < .50 acres
- Exterior
- Brick, Concrete Poured
- Foundation
- Brick, Perimeter Wall, Steel Frame, Poured Concrete
- Roof
- Asphalt Shingle, Unknown
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double, Available, Lane, Reserved/Assigned (7 spaces)
- Parking
- 7 spaces
Fees & taxes
- Property tax
- $5,381/yr (2025)
Rooms
Ground
- Bedroom
- 4.27 × 3.58 m
- Bedroom
- 4.27 × 3.58 m
Other
- Kitchen
- 3.65 × 3.48 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 26 sold homes within 2 km, by price per sq ft
Monthly paymentest. $5,195/mo all in
Monthly payment estimate
Land transfer tax$14,473 on closing
Ontario LTT
$14,473
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 Mar 11, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$490,000
583 Highbury Avenue, London East
See what these 1 homes sold for
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Affordabilityneeds $218,000 household income
Minimum household income required
$218,000
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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