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34 Craig Street

London South, N6C 1E8·MLS® X13206364·

Listing courtesy of Royal Lepage Triland Realty·Updated 15 hours ago

For sale
1 / 30
4Beds
3Baths
3,000-3,500Sqft
Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

17

Listed May 28, 2026

Description

PRIME WORTLEY VILLAGE TRIPLEX! Turnkey Income in one of London, Ontario's most beloved neighbourhoods! Step into a rock-solid investment in the heart of Wortley Village, just steps from vibrant shops, cafés, parks, and all the charm that makes this area one of London's most sought-after communities. This tenant-occupied semi-detached triplex is a reliable income earner from day one, offering character, durability, and unbeatable walkability. Built with classic triple-brick and double-brick construction, the property delivers the kind of long-term stability investors love. Each unit is separately metered for hydro, making management straightforward and expenses predictable. With dedicated parking for all tenants, this property checks a major box for renters-especially in a neighbourhood where parking is at a premium. Whether commuting or exploring, residents enjoy effortless access to downtown London, South London, transit routes, and everyday conveniences. The location alone keeps demand high, and the strong rental history speaks for itself. A rare opportunity to own a well-maintained, income-producing triplex in one of the city's most iconic neighbourhoods-perfect for investors seeking steady returns, future upside, and a property that practically markets itself. TOTAL MONTHLY INCOME: $4390 w/ the 2 larger apartments paying their own hydro ($1195 bachelor unit all inclusive on house meter, $1700 2 bedroom unit + hydro, $1495 1 bedroom unit + hydro). That's $52,680 per year income with MINIMAL utilities and ultra low property taxes! This listing is for the triplex only at 34 Craig St. The FULL 5 plex building included 34 and 36 Craig St is also available for sale at MLS #X13434706

Property details

Basement

Unfinished

Parking

3 spaces

Type

Semi-Detached — 2-Storey

Heating

Forced Air

AI property estimate

$566,947Above Market
$533,953$599,941

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Old South

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

Land transfer tax

Ontario LTT

$7,473

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 28, 2026Listed
$549,900

Sold comparables nearby

311 Maurice Street, London NorthSold

$414,900

311 Maurice Street, London North

3 bd·2 ba·700-1,100 sqft
86 Mackay Avenue, London SouthSold

$420,000

86 Mackay Avenue, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South F

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$134,241

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$566,947

Above Market

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