17 Carfrae Crescent, London South (South F) ON

About 17 Carfrae Crescent

Solid Brick Triplex in the Heart of Old South- Turnkey Investment Opportunity. Welcome to this beautifully renovated solid brick triplex nestled in one of London s most sought-after neighbourhoods-Old South. Fully modernized from top to bottom, this income-generating property is the perfect blend of timeless charm and contemporary updates. Each of the three self-contained units has been thoughtfully upgraded and comes complete with five new appliances (2022) per unit, offering exceptional convenience for tenants. With an active rental license in place with the City of London, this is a fully compliant and ready-to-go investment. The newly constructed read deck and staircase (2023) are not only structurally sound but provide additional outdoor space and safe access for upper units. Two new heat pumps installed in 2023 ensure energy-efficient heating and cooling throughout the property, keeping utility costs low. Plus, the property features four separate hydro meters, making tenant utility management simple and transparent. Currently grossing over $64,000 annually, this triplex offers strong cash flow with room for growth. Whether you re looking to expand your portfolio or live in one unit while renting the others, this is a rare opportunity in a prime location. Don t miss your chance to own a beautifully updated, fully licensed triplex in Old South-steps from Wortley Village, parks, shops, and transit. (id:56071). Get more information on 17 Carfrae Crescent

Property Features

Appliances:  Dishwasher, Dryer, Stove, Washer, Refrigerator
Features:  Flat site, Dry
Rental Equipment:  Water Heater
Fireplace Total:  3
Directions:  Grand Ave
Interior Size:  1500 - 2000 sqft
Community Features:  Community Centre
Amenities:  Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Lot:  33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12|under 1/2 acre 33 x 123 FT ; 123.59ft x 33.22ft x 121.95ft x 7.12
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Electric /
Age: 51 to 99 years
Foundation: Concrete
Basement:  Full

Rooms & Sizes