34 Craig Street
London South, N6C 1E8·MLS® X13206364·
Listing courtesy of Royal Lepage Triland Realty·Updated 15 hours ago
Listing price
$549,900
Est. $2,619/mo
Days on market
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
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Established neighbourhood with character homes and walkable local businesses south of downtown.
Monthly payment estimate
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
Sold comparables nearby
Sold$414,900
311 Maurice Street, London North
Sold$420,000
86 Mackay Avenue, London South
See all 10 comparables
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Market conditions · South F
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
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$566,947
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