$499,900
For sale: Multiplex

Renovated Triplex with separate Hydro meters. Main One bedroom unit $1550, upper One Bedroom unit fully renovated and currently vacant (Market Rent $1600), Rear bachelor $800 (Below market for taking care of the property) all rents are inclusive but future rents have the ability to make plus hydro. Basement spray foamed plus shared laundry with shared storage area. 3 newer concrete parking spaces plus sitting area at back, newer windows, Newer Steal Roof. Great location 10 min walk to Wortley Village shops and restaurants. AC-2 Zoning allows for multiple uses. Expenses 2025 - Hydro $4820, Gas $1485, Prop tax $3051, Insurance $1879. This property makes a great investment or house hack.
Sold data
Multiplex homes in London South (South F) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 123 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $599,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South F) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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