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Friday, August 14th, 2026

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$549,900
Available - For Sale
Listing ID: X13589054
Exceptional Investment Opportunity - Legal Triplex with Strong Cash Flow & Future Upside! Own a fully legal two-storey triplex on a rare 37.09 ft x 168.63 ft lot in one of London's rapidly growing neighbourhoods. Certified by the City of London, this income-producing property offers immediate cash flow, low operating costs, and excellent long-term appreciation potential. Currently generating $3,289/month from the main floor ($1,689) and upper unit ($1,600 including parking), with only the basement unit remaining to be leased at $1,350/month, bringing the projected gross rental income to approximately $4,639/month ($55,668 annually). Property taxes are only $2,716/year, making this an attractive opportunity for investors. The impressive 168-foot-deep lot provides added privacy and future development potential, subject to municipal approvals. Ideally located with a bus stop at the doorstep and within walking distance to the Hard Rock Hotel, casino, restaurants, shopping, and entertainment district, this high-demand location continues to attract quality tenants. Major updates include a waterproofing membrane around the foundation (2021), interior drainage system, exterior painting, soundproofing between the main and upper floors, and a renovated main-floor kitchen (2022).Additional features include separate entrances, separate hydro meters, four parking spaces, coin-operated laundry for extra income, and a private tree-lined backyard with a paved patio and fire pit. Whether expanding your portfolio or purchasing your first investment property, this well-maintained legal triplex offers strong income, excellent upside, valuable updates, and outstanding long-term investment potential.
Price $549,900
Taxes: $2,716
Assessment Year: 2025
Occupancy by: Tenant
Address: 1071.5 Florence Street , London East, N5W 2M7, Middlesex
Acreage: < .50
Directions/Cross Streets: EGERTON ST.
Rooms: 10
Bedrooms: 4
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Apartment
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Upper Kitchen 9.84 8.53
Room 2: Upper Living Ro 10.82 9.84
Room 3: Upper Bedroom 11.81 9.84
Room 4: Upper Bedroom 11.81 9.84
Room 5: Upper Bathroom 6.56 8.20 4 Pc Bath
Room 6: Second Kitchen 9.84 8.53
Room 7: Second Office 10.82 9.84
Room 8: Basement Bedroom 10.50 8.86
Room 9: Basement Living Ro 9.51 11.81
Room 10: Basement Kitchen 9.51 7.87
Room 11: Main Bathroom 0 0 4 Pc Bath
Room 12: Second Bathroom 0 0 4 Pc Bath
Room 13: Basement Bathroom 0 0 4 Pc Bath
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Second
Washroom 8:  4 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Second
Washroom 13:  4 Basement
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Second
Washroom 18:  4 Basement
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Second
Washroom 23:  4 Basement
Washroom 24:  0
Washroom 25:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Reserved/A
Drive Parking Spaces: 4
Park #1
Parking Type: Reserved/A
Park #2
Parking Type: Reserved/A
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1100-1500
Property Features: Hospital
Library
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: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: A
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RIGHT AT HOME REALTY

1071.5 Florence Street , London East, N5W 2M7, Middlesex

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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Type: Freehold - Triplex
Area: Middlesex
Municipality: London East
Neighbourhood: East M
Style: 2-Storey
Lot Size: x 168.63(Feet)
Approximate Age: 100+
Tax: $2,716
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com