12 Cartwright Street London East, Ontario N6B 2W4
$688,000
Nestled in Historic Downtown Woodfield (2016 Winner of Great Places in Canada Award) sits this 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to three cars, making navigating multi-family life a breeze. Lord Roberts Public School and London Central Secondary School are within walking distance making this a perfect family home featuring 3 spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back as well as a full in-law or guest suite in the front featuring a huge front porch and the option for laundry in the basement. The home also features a legal 2 bedroom upper apartment w/ separate entrance and dedicated laneway; newly rented at $1610 a month inclusive of utilites for August 1st, 2025. The rear lower three bed and two bath unit with in suite laundry is also newly rented generating $3250 a month inclusive of utilities for August 1st, 2025. Currently there is flexibility as the front main level one bedroom unit is vacant; making for an ideal owner occupied property. This unit is projected for rent at $1475 inclusive of utilities. This makes this a prime oppuruntity for a family or investor to reside in this spacious unit and generate two other income sources with the rental of the other two unit. This also present a prime opportunity for a multigenerational family to share this property. With projected rents of $6,435 a month with all three units rented; with an annual projected rental income of $76,020 and net operating income of $57,155; this prime location triplex is operating at an projected 8.3% Cap Rate at asking price. This spacious lot also offers ample room to add an additional stand alone garden suite unit in the future. (id:50886)
Property Details
MLS® Number | X12033299 |
Property Type | Multi-family |
Community Name | East F |
Amenities Near By | Park, Place Of Worship, Public Transit |
Equipment Type | None |
Features | Flat Site, Lighting, In-law Suite |
Parking Space Total | 3 |
Rental Equipment Type | None |
Structure | Porch, Deck, Shed |
Building
Bathroom Total | 4 |
Bedrooms Above Ground | 6 |
Bedrooms Total | 6 |
Amenities | Separate Electricity Meters |
Appliances | Water Heater, Water Meter, Stove, Washer, Refrigerator |
Basement Development | Unfinished |
Basement Features | Walk-up |
Basement Type | N/a (unfinished) |
Construction Status | Insulation Upgraded |
Cooling Type | Central Air Conditioning |
Exterior Finish | Vinyl Siding |
Fire Protection | Smoke Detectors |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1,500 - 2,000 Ft2 |
Type | Triplex |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Fence Type | Fenced Yard |
Land Amenities | Park, Place Of Worship, Public Transit |
Landscape Features | Landscaped |
Sewer | Sanitary Sewer |
Size Depth | 121 Ft ,6 In |
Size Frontage | 46 Ft ,6 In |
Size Irregular | 46.5 X 121.5 Ft |
Size Total Text | 46.5 X 121.5 Ft |
Zoning Description | R3-2 |
Rooms
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Main Level | Living Room | 3.03 m | 3.3 m | 3.03 m x 3.3 m |
Main Level | Kitchen | 3.48 m | 4.28 m | 3.48 m x 4.28 m |
Main Level | Primary Bedroom | 4.65 m | 4.06 m | 4.65 m x 4.06 m |
Main Level | Bedroom | 3.3 m | 2.41 m | 3.3 m x 2.41 m |
Main Level | Bedroom | 3.48 m | 3.81 m | 3.48 m x 3.81 m |
Main Level | Mud Room | 1.19 m | 4.04 m | 1.19 m x 4.04 m |
Main Level | Living Room | 4.39 m | 3.94 m | 4.39 m x 3.94 m |
Main Level | Primary Bedroom | 4.39 m | 2.54 m | 4.39 m x 2.54 m |
Upper Level | Living Room | 4.42 m | 3.07 m | 4.42 m x 3.07 m |
Utilities
Cable | Available |
Electricity | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28055648/12-cartwright-street-london-east-east-f-east-f
Contact Us
Contact us for more information
Nathan Blanco
Salesperson
nathanblanco.exprealty.com/
www.facebook.com/nblanco20
380 Wellington Street
London, Ontario N6A 5B5
(866) 530-7737