For Sale

12 Cartwright Street, London East, Ontario N6B 2W4

$0

12 Cartwright Street, London East, Ontario N6B 2W4 is For Sale and has a listing price of 688,000. The property is located in the London East . It's been on the website for 138 Days.

  • Triplex
    Property Type
  • 6
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12033299
  • Office Name EXP REALTY
Property Description

Nestled in Historic Downtown Woodfield (2016 Winner of Great Places in Canada Award) sits this unassuming 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 inlaw 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 for August 1st, 2025. Currently there is flexibility as the front main level one bedroom unit are vacant; making for an ideal owner occupied property. The rear lower three bed and two bath unit with in suite laundry just turned over through organic turnover and is also currently vacant. This makes this a prime oppuruntity for a family or investor to reside in this spaciou 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 $5184 a month with all three units rented; with an annual projected rental income of $67,020 and net operating income of $47,485; this prime location triplex is operating at an projected 6.8% Cap Rate at asking price. This spacious lot also offers ample room to add an additional stand alone garden suite unit in the future.

Property Details
  • Bedrooms: 6
  • MLS ID: X12033299
  • Bathrooms: 4
  • Price: $688,000
  • Lot Depth: 121.5
  • Transaction Types: For Sale
  • Ref ID: X12033299
  • View: Mountain View, View
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Princess Ave; Dufferin Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Triplex
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
03/21/2025 X12033299 $688,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $685,911 Average List Price
    based on 1 year
  • 373 New Listings
    based on 30 days
  • 38 Median Days on Market
    based on 1 year
  • List vs. Selling Price 182.47 % Up
  • Sold (12mo) 378
  • Rented (12mo) 113

  • 1 Month Change -24.9%
  • 3 Month Change -42.6%
  • 6 Month Change +12.6%
Walkscore
  • 70 Walk Score
    Somewhat Walkable
  • 71 Transit Score
    Excellent Transit
  • 72 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 3
  • Exterior Other, Vinyl Siding
  • Kitchen 3
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,002
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Felxible
  • Listing Entry Date: 21/03/2025 02:43:09
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