$399,900 Sale

Listed 18 hours ago

186 Clarence Street

MLS® x14144850 Triplex

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Beds · 4

Baths · 3

Parking · 1

Sqft · 1500-2000

Est. mortgage

$1,517/mo

Property Taxes

$2,347/yr

Key Facts

Key facts for 186 Clarence Street

Property Type

Apartment, 1 1/2 Storey

Parking

None 0 garage, 1 parking

MLS #

X14144850

Size

1500-2000 sqft

Basement

Separate Entrance,Unfinished

Listed on

2026-11-03

Lot size

25 x 110.0

Tax

$2,347 /yr

Days on Market

Approximate Age

100+

Maintenance Fee

Description

EXPAND YOUR INVESTMENT PORTFOLIO OR LIVE IN ONE UNIT AND RENT THE OTHERS! Located in London's historic SoHo neighbourhood, close to downtown and the Thames River, this triplex offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of t...he former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, 186 Clarence Street offers flexibility for both owner-occupiers and investors. The vacant front one-bedroom provides the opportunity to move in and enjoy rental income from the other two units as a mortgage helper, or select your own tenant and rent all three. The two occupied units currently generate combined monthly rent of $1,957.37. With estimated rent of $1,100-$1,200 per month for the vacant unit, projected gross annual rental income is approximately $36,688-$37,888 when fully rented. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal of this versatile SoHo property!

Full Property Details

Interior

Bedrooms

Total Bedrooms

Washrooms

Square Footage

1500-2000 sqft

Basement

Separate Entrance,Unfinished

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

Central Air

Family Room

Yes

Kitchens

Total Kitchens

Fireplace Features

Bedrooms

Total Bedrooms

Washrooms

Square Footage

1500-2000 sqft

Basement

Separate Entrance,Unfinished

Heating Source

Gas

Heating Fuel

Forced Air

Air Conditioning

Central Air

Family Room

Yes

Kitchens

Total Kitchens

Fireplace Features

Exterior

Depth

110.0

Front

25.0

Acreage

< .50

Driveway

Lane,Private

Lot Size

25 x 110.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

1.00

Parking Description

None

Garage Spaces

Zoning

R3-1

Depth

110.0

Front

25.0

Acreage

< .50

Driveway

Lane,Private

Lot Size

25 x 110.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

1.00

Parking Description

None

Garage Spaces

Zoning

R3-1

Building Description

Style

1 1/2 Storey

Home Type

Apartment

Subtype

Triplex

Year Built

100+

Property Orientation

East

Exterior Finish

Vinyl Siding

Sewers

Sewer

Water Supply

Municipal

Possession Date

No Data

Style

1 1/2 Storey

Home Type

Apartment

Subtype

Triplex

Year Built

100+

Property Orientation

East

Exterior Finish

Vinyl Siding

Sewers

Sewer

Water Supply

Municipal

Possession Date

No Data

Community

East K

Community

East K

Taxes & Fees

Taxes

$2,347 /yr

Tax Year

2025

Occupancy

Tenant

Taxes

$2,347 /yr

Tax Year

2025

Occupancy

Tenant

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Josh Ament

Email: josh@joshament.com Cell: 226-376-7961