$525,000
5.64 BTC
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7 Marmora Street, London
$525,000
PRICE
4
BEDROOMS
3
BATHROOMS
X13801422
MLSID

7 Marmora Street, London

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!
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Sold History

SOLD
11 June 2026
$490,000

Summary

Address
7 Marmora Street
City
Community
MLSID
X13801422
Property Type
Triplex
Property Category
Bedrooms
4
Bathrooms
3
Kitchens
3
Zoning
R2-2
Taxes (Annual)
$3,738.36
Tax Year
2025
Published
September 18, 2026
Days on Market
1 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Basement Level
Basement
Apartment, Partially Finished
Interior Features
Carpet Free, In-Law Capability
Parking Spaces
4
Parking Total
4
Parking Features
Mutual, Available
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
6,243 SquareFeet
Lot Width
34 Feet
Lot Depth
148 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
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