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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$688,888
Available - For Sale
Listing ID: X12455864
This legal triplex with rental license in place is larger than it appears with big addition in the back and walk-out basement entrances, which features a bonus fourth suite. The main floor unit features 4 beds and 2 full baths, projected to be rented for $2575/month. The upper 1 bed and 1 bath unit is rented for $1295/month. The downstairs rear walk-out unit is rented for $1500/month and the other side access walk up basement suite is projected to be rented for $1300/month . This brings the cumulative rent to $6670/month. The very low property taxes ($241/month) grandfathered also helps with a projected Cap Rate of 8.6%+, projected net operating income (NOI) of over $60,000 annually. Over $150,000 was invested during the current ownership, with extensive upgrades on everything from brand new 200 amp electric panel, new flooring, interconnected fire separations, quartz countertops, tiled showers, upgarded HVAC with vents in all 5 bathrooms, cosmetic improvements of 2 bathrooms, and 3 completely renovated bathrooms. Property features triple wide driveway with room for a fourth car to park in tandem; offering an independent parking spot for each unit. The greenspace of the oversized deep backyard, features many mature trees and is fully fenced in. Energy efficient upgrades were also carried out, including a smart thermostat install and a new Central AC unit being added in 2025. Fire and safety improvements include sprinklers, egress windows, and fire doors. Manor Park, which is Old South adjacent is an excellent community, with direct transit access, great green spaces including Eustace Park/The Coves, and ample ammenities. This location is one bus to Western University, Fanshawe College, White Oaks Mall, Masonville Mall, Victoria Hospital, University Hospital and Downtown London.
Price $688,888
Taxes: $3,085
Assessment Year: 2025
Occupancy by: Tenant
Address: 96 Emery Stre West , London South, N6J 1R8, Middlesex
Acreage: < .50
Directions/Cross Streets: Wharncliffe Rd S & Emery St W
Rooms: 12
Rooms +: 6
Bedrooms: 5
Bedrooms +: 2
Washrooms: 5
Family Room: F
Basement: Finished wit
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Bedroom 13.22 11.94
Room 2: Second Living Ro 7.74 11.97
Room 3: Second Kitchen 5.84 12.89
Room 4: Second Bathroom 2.92 8.99 3 Pc Bath
Room 5: Main Kitchen 9.68 11.55
Room 6: Main Bedroom 9.74 7.15
Room 7: Main Bedroom 2 7.58 10.00
Room 8: Main Bedroom 3 7.58 12.53
Room 9: Main Primary B 14.99 10.10
Room 10: Main Living Ro 8.23 9.97
Room 11: Main Bathroom 4.89 6.69 4 Pc Bath
Room 12: Main Bathroom 7.18 3.97 3 Pc Ensuite
Room 13: Lower Kitchen 9.28 9.38
Room 14: Lower Bedroom 10.23 10.82 Combined w/Living
Room 15: Lower Bathroom 3.90 6.59 3 Pc Bath
No. of Pieces Level
Washroom 1 3 Second
Washroom 2 4 Main
Washroom 3 3 Main
Washroom 4 3 Lower
Washroom 5 0
Washroom 6 3 Second
Washroom 7 4 Main
Washroom 8 3 Main
Washroom 9 3 Lower
Washroom 10 0
Property Type: Fourplex
Style: 1 1/2 Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 4
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Park #3
Parking Type: Tandem
Pool: None
Other Structures: Fence - Full
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Fenced Yard
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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EXP REALTY

96 Emery Stre West , London South, N6J 1R8, Middlesex

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Middlesex
Municipality: London South
Neighbourhood: South E
Style: 1 1/2 Storey
Lot Size: x 137.16(Feet)
Approximate Age: 51-99
Tax: $3,085
Maintenance Fee: $0
Beds: 5+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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