$1,699,000
For sale: Multiplex

Turnkey investment opportunity in a prime location close to Western University, shopping, and everyday amenities! This 6+6 duplex delivers two independent income streams from 12 total bedrooms, generating $122,000 in gross annual income and $83,306 in net operating income, with tenants responsible for all utilities. Located on the Oxford St E corridor with direct bus access, the property benefits from strong, consistent rental demand and offers ongoing upside to NOI as tenant turnover creates opportunities to adjust rents toward current market levels. A rare chance to own scaled rental housing in one of London's strongest rental markets.
Sold data
Multiplex homes in London North (North N) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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 North (North N) 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.
Currently for sale

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