London East, ON N6B 2W4,12 Cartwright ST
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London East, ON N6B 2W4,12 Cartwright ST
London East, ON N6B 2W4,12 Cartwright ST
London East, ON N6B 2W4,12 Cartwright ST
London East, ON N6B 2W4,12 Cartwright ST
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$ 688,000
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Price Dropped by $1K

12 Cartwright ST London East, ON N6B 2W4

6 Beds

4 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East F

MLS Listing ID X12033299

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,002

Tax Year 2024

Property Sub-Type Triplex

Property Description

Nestled in Historic Downtown Woodfield (2016 Winner of Great Places in Canada Award) sits this unassuming 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to three cars, making navigating multi-family life a breeze. Lord Roberts Public School and London Central Secondary School are within walking distance making this a perfect family home featuring 3 spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back as well as a full inlaw or guest suite in the front featuring a huge front porch and the option for laundry in the basement. The home also features a legal 2 bedroom upper apartment w/ separate entrance and dedicated laneway; newly rented at $1610 a month. Currently there is flexibility as the front main level one bedroom unit are vacant; making for an ideal owner occupied property. The rear lower three bed and two bath unit with in suite laundry is currently rented to a lovely family at $1999 a month. With rents of $5184 a month with all three units rented; with an annual rental income of $62,208; this prime location triplex is operating at an actual 6% Cap Rate at asking price. This spacious lot also offers ample room to legally add an additional stand alone garden suite unit; in full compliance with the City of London's additional dwelling unit directions.

Location

Province ON

County Middlesex

Community East F

Area Middlesex

Rooms

Family Room Yes

Basement Walk-Up, Unfinished

Kitchen 3

Interior

Interior Features Water Heater Owned, Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Upgraded Insulation

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Lighting, Porch Enclosed, Porch, Year Round Living, Deck

Pool None

View Downtown

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 46.5

Lot Depth 121.5

Total Parking Spaces 3

Building

Unit Features Arts Centre,Fenced Yard,Library,Park,Place Of Worship,Public Transit

Foundation Concrete Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector


Listed by EXP REALTY
agent

Kirby Chan, Broker

Co-Founder & Broker | License ID: 9533841

+1(416) 305-8008

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12 Cartwright ST