<-- style PDP --> 12 Cartwright Street, London East - Triplex for sale for $688,000
  • sold

12 Cartwright Street

London East, Ontario, N6B 2W4 - East F

$688,000$000000

  • Neighbourhood

    East F

  • Major Intersection

    Princess Ave; Dufferin Ave

  • Listed Since: 407 day(s)

  • Last update: 192 day(s) ago

Overview

  • Property Type

    Triplex, 2-Storey

  • Bedrooms

    6

  • Bathrooms

    4

  • Basement

    Walk-Up + Unfinished

  • Kitchen

    3

  • Total Parking

    3

  • Lot Size

    46.5x121.5 (Feet)

  • Taxes

    $5,002.00 (2024)

  • Type

    Freehold

Property Description

Property description for 12 Cartwright Street, London East

Nestled in Historic Downtown Woodfield (2016 Winner of Great Places in Canada Award) sits this 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 in-law 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 inclusive of utilites for August 1st, 2025. The rear lower three bed and two bath unit with in suite laundry is also newly rented generating $3250 a month inclusive of utilities for August 1st, 2025. Currently there is flexibility as the front main level one bedroom unit is vacant; making for an ideal owner occupied property. This unit is projected for rent at $1475 inclusive of utilities. This makes this a prime oppuruntity for a family or investor to reside in this spacious 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 $6,435 a month with all three units rented; with an annual projected rental income of $76,020 and net operating income of $57,155; this prime location triplex is operating at an projected 8.3% Cap Rate at asking price. This spacious lot also offers ample room to add an additional stand alone garden suite unit in the future.

Listed by EXP REALTY

  • MLS #

    X12033299

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    None

  • Total Parking

    3

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Other

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.03 x 3.3 ft Main level

  • Kitchen

    3.48 x 4.28 ft Main level

  • Primary

    4.65 x 4.06 ft Main level

  • Br

    3.3 x 2.41 ft Main level

  • Br

    3.48 x 3.81 ft Main level

  • Mudroom

    1.19 x 4.04 ft Main level

  • Living

    4.39 x 3.94 ft Main level

  • Primary

    4.39 x 2.54 ft Main level

  • Living

    4.42 x 3.07 ft Upper level

  • MLS #

    X12033299

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    None

  • Total Parking

    3

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Other

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Concrete Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.03 x 3.3 ft Main level

  • Kitchen

    3.48 x 4.28 ft Main level

  • Primary

    4.65 x 4.06 ft Main level

  • Br

    3.3 x 2.41 ft Main level

  • Br

    3.48 x 3.81 ft Main level

  • Mudroom

    1.19 x 4.04 ft Main level

  • Living

    4.39 x 3.94 ft Main level

  • Primary

    4.39 x 2.54 ft Main level

  • Living

    4.42 x 3.07 ft Upper level

Thinking of Selling?

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 12 Cartwright Street, London East

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2025-03-21
$702,668
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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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