7 Marmora ST, London East, ON N5Z 1Z4
7 Marmora ST, London East, ON N5Z 1Z4
7 Marmora ST, London East, ON N5Z 1Z4
7 Marmora ST, London East, ON N5Z 1Z4
7 Marmora ST, London East, ON N5Z 1Z4
7 Marmora ST, London East, ON N5Z 1Z4
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Jim Straughan

Jim Straughan

+1(519) 872-6616
-
Est. payment | /mo

4 Beds

3 Baths

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-
Est. payment | /mo
Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision East L

MLS Listing ID X13128296

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $3,738

Tax Year 2025

Property Sub-Type Triplex

Property Description

ATTENTION INVESTORS! Solid brick turnkey triplex in London's SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio!

Location

Province ON

County Middlesex

Area Middlesex

Zoning R2-2

Rooms

Family Room No

Basement Apartment, Partially Finished

Kitchen 3

Interior

Interior Features Carpet Free, Water Heater Owned, Water Meter

Cooling Central Air

Exterior

Parking Features Available, Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 34.36

Lot Depth 147.92

Total Parking Spaces 4

Building

Building Age 100+

Foundation Block, Brick

Others

Senior Community No

ParcelsYN No

Listed by PRIME REAL ESTATE BROKERAGE
Jim Straughan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(519) 872-6616

brokerjim@proton.me

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7 Marmora ST

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