For Sale

653 Talbot Street, London East, Ontario N6A 2T6

$0

653 Talbot Street, London East, Ontario N6A 2T6 is For Sale and has a listing price of 2,900,000. The property is located in the London East . It's been on the website for 124 Days.

  • Investment
    Property Type
  • MLS ID: X12166116
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

Prime investment opportunity in the heart of London! 653 Talbot is a fully renovated, fully furnished, triplex with major upside potential. Gutted to the studs and rebuilt in 2018, with a new roof added in 2024, this turnkey property requires no immediate capital investment. Each unit has separate utilities, and zoning allows for a future addition to further increase rental income. Ideally situated in vibrant downtown London, the property offers walkable access to restaurants, shops, transit, and more. All units are leased through May 2025/April 2026, offering immediate cash flow. Inquire directly to arrange a private showing.

Property Details
  • MLS ID: X12166116
  • Price: $2,900,000
  • Lot Depth: 193
  • Transaction Types: For Sale
  • Ref ID: X12166116
  • Year Built: N/A
  • Dir / Cross St: John St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/22/2025 X12166122 $2,900,000 For Sale - -
05/22/2025 X12166116 $2,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $703,701 Average List Price
    based on 1 year
  • 425 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 187.06 % Up
  • Sold (12mo) 396
  • Rented (12mo) 118

  • 1 Month Change -17.7%
  • 3 Month Change -41.5%
  • 6 Month Change -70.3%
Walkscore
  • 71 Walk Score
    Very Walkable
  • 70 Transit Score
    Excellent Transit
  • 79 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Other
  • Parking Spaces: 8
  • Taxes: $19,522
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60 Days
  • Listing Entry Date: 22/05/2025 17:03:16
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