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$999,999

Estimated value $950K to $1.1M

Est. $4,685/mo mortgage

6+1bd·3ba·1,500-2,000sqft

17 Carfrae Crescent · London, N6C 4A8

MLS® X13770780

46 days on market46 days on market

Listed Sep 11, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Oct 17

Key facts

Property type
Triplex
Square footage
1,500-2,000 sqft
Lot size
33 × 123 ft · < 0.50 acres
Age
51-99 years
Parking
4 spaces
Property tax
$5,901/yr (2025)

Description

Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations.

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Property details

Interior

Size
1,500-2,000 sqft
Bedrooms
6 above grade, 1 lower level
Rooms
8 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Second, 1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Separate Entrance, Full
Heating
Baseboard
Cooling
Other

Building & lot

Type
Triplex, 2-Storey
Age
51-99 years
Lot size
33 × 123 ft · < 0.50 acres
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car None
Driveway
Available, Mutual, Private, Unreserved (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$5,901/yr (2025)

Estimated value range

$950K to $1.1M

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old South →

London South, ON

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

Schools nearbyclosest is London South Collegiate Institute, 550 m

Elementary

  • Tecumseh Public School

    610 m · Grades JK-8

    Thames Valley District School Board

    6.9
  • St Martin Separate School

    810 m · Grades JK-8

    London District Catholic School Board

    7.5
  • Wortley Road Public School

    890 m · Grades JK-8

    Thames Valley District School Board

    6.8

Secondary

  • London South Collegiate Institute

    550 m · Grades 9-12

    Thames Valley District School Board

    4.2
  • Catholic Central High School

    1.6 km · Grades 9-12

    London District Catholic School Board

    5.7
  • London Central Secondary School

    1.7 km · Grades 9-12

    Thames Valley District School Board

    8.0

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $5,635/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,685
Property tax$492
Insurance (est.)$208
Utilities (est.)$250
Total monthly$5,635
Land transfer tax$16,475 on closing

Ontario LTT

$16,475

First-time rebate

−$4,000

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

Price & listing history

$999,999

Listed Sep 11, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

47 Rogers Avenue, London NorthSold

47 Rogers Avenue, London North

6 bd·3 ba·2,000-2,500 sqft
12 Cartwright Street, London EastSold

12 Cartwright Street, London East

6 bd·4 ba·1,500-2,000 sqft

See what these 3 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.9 months of inventory: buyers have more options and negotiating power. Nearby, 3 sales in the last 90 days went for an average of 93% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$701,667

Sale-to-list ratio

93%

Based on 3 recent comparable sales near this home.

Affordabilityneeds $235,000 household income

Minimum household income required

$235,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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