17 CARFRAE CRESCENT, London South (South F)
$999,999
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13770780
- Neighbourhood
- South F
Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations.
Sold data
Multiplex homes in London South (South F) — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.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.
- Median days to sell
- 40
- Median sale price
- $599,900
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 13%
Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London South (South F)
London South (South F) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London South (South F)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 17 CARFRAE CRESCENT
$1,469,000
Multiplex842,500–3,000 sqft246 GREENWOOD AVENUE, South D, London South
$1,199,900
Vacant Land4+241,800–1,999 sqft249 DELACOURT ROAD, North F, London North
$1,049,900
Detached6+231,500–2,000 sqft286 DUFFERIN STREET, Belmont, Central Elgin
$998,000
Detached5+132,500–3,000 sqft764 ECLIPSE WALK, North B, London North
$1,380,000
Detached523,000–3,500 sqft42445 JOHN WISE LINE, Rural Central Elgin, Central Elgin
$1,049,900
Detached6+23286 DUFFERIN STREET, Belmont
$849,000
Detached6+232,000–2,500 sqft30 THAMES SPRINGS CRESCENT, Thamesford, Zorra
$1,099,000
Detached442,500–3,000 sqft114 LONGVIEW COURT, South K, London South