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$525,000

Licensed for three units and zoning-confirmed by the City of London - this solid brick three-unit property in London's SoHo neighbourhood delivers $48,300 in gross annual income and a 6.68% cap rate on an NOI near $35,729. The building holds a 2-bed front unit at $1,650, a 1-bed main floor rear unit at $1,275, and a bright 1-bed basement unit, currently vacant with $1,100 in rental potential, giving a buyer the chance to set a fresh market rent from day one or owner-occupy and house-hack, living in one unit while the other two help carry the mortgage. The City's building permit records confirm the three-unit configuration meets zoning requirements, and the property carries an active City of London rental licence covering all three units. A recently passed fire inspection, a roof in good condition, and central heating and air conditioning in good working order round out a low-maintenance package. Tenants share side-entrance laundry, a nice backyard, and parking for five vehicles (one at the front and four at the rear). All-inclusive utilities keep ownership simple. A standout addition to any income portfolio! (id:5764)

4 Beds ⋅ 3 Baths ⋅ X13801422 MLS® #

7 Marmora Street, London East (East L)

Listing courtesy of PRIME REAL ESTATE BROKERAGE.

$429,900

This East End brick home, built in 1904, is built around versatility. Its footprint and flexible layout scale to fit a range of needs, from extra room to grow into, to a low-maintenance option for settling into something simpler. Every square foot pulls its weight, keeping upkeep manageable without sacrificing character.A tiled foyer opens into a bright living room and a dining room sized for real gatherings. The main-floor bedroom flexes easily into a home office, studio, or guest space, set apart from the rest of the house for genuine quiet. The main bathroom has been refreshed with new flooring, and the kitchen was updated with a new fridge and stove in 2026, with direct access out to the backyard.Come spring, the fully fenced yard fills in with established flowering perennials, the kind of garden that takes years to grow in. It suits fireside evenings and morning coffee equally well, and the solid concrete pad is ready for a patio, sunroom, workshop, or studio addition.Upstairs, two bedrooms each include a walk-in closet, a rare find in a home this age, along with a second bathroom fitted with a handheld shower that follows the home's original roofline. Second-floor laundry keeps daily life easy without disturbing the character of the house.Recent upgrades include gutters with gutter guards (2024), and two private driveways offer parking that is hard to come by in this pocket of the East End. Walk to South Branch Park, the Thames River trails, the TVP, local cafes, and transit. A well-proportioned home, efficient by design, with room to grow into whatever comes next. (id:5764)

3 Beds ⋅ 2 Baths ⋅ X13719498 MLS® #

3 Marmora Street, London East (East L)

Listing courtesy of BLUE FOREST REALTY INC..