$869,999
PRICE
8
BEDROOMS
3
BATHROOMS
X12869698
MLSID
394 Thiel Street, London
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Summary
Address
394 Thiel Street
City
Community
Street
MLSID
X12869698
Property Type
Triplex
Property Category
Bedrooms
8
Bathrooms
3
Kitchens
3
Zoning
R2-3
Taxes (Annual)
$5,381.00
Tax Year
2025
Published
March 11, 2026
Days on Market
73 Days
Possession Type
Flexible
Possession Details
Flexible
Inclusions
All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. CoinLaundry on the Main Floor
Exclusions
None
Details
Property Features
Arts Centre, Library, Park, Public Transit, School, Hospital
Security Features
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Heat Detector, Security System, Smoke Detector
Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Third Level
Basement
Finished
Exterior Features
Patio, Privacy, Porch
Interior Features
Countertop Range, Floor Drain, On Demand Water Heater, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Meter
Parking Spaces
7
Parking Total
7
Parking Features
Private Double, Available, Lane, Reserved/Assigned
Architectural Style
3-Storey
Roof
Asphalt Shingle, Unknown
Construction Materials
Brick, Concrete Poured
Lot Size
0 Acres
Lot Width
60 Feet
Lot Depth
117 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Similar Listings
Listing Contracted with STREETCITY REALTY INC.