Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$799,999 $4,295 est/mo Sourced by Back At You
86 Wilson Avenue,London North (North N), ON N6H1X7
London North (North N), ON N6H1X7
Description
86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request. (id:13843)
Details
| MLS # | X13830312 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | THRIVE REALTY GROUP INC. | CHRIS COSTELLO |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Garage | 9 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2-2 |
Interior
| Cooling | Central air conditioning, Wall unit |
|---|---|
| Heating | Heat Pump, Forced air, Electric, Natural gas |
| Appliances | All, Furniture, Water Heater - Tankless |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Carpet Free |
|---|---|
| Foundation Details | Block, Concrete |
| Fencing | Fenced yard |
Parking
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 9 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4727 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | London North (North N) |
| Postal Code | N6H1X7 |
| Listing VS Median (in N6H1X7) | |
Price: $799,999 low | high Med: $400,937 sqft: 1,500 low | high Med: 1,100 $ / sqft: $533 low | high Med: $268 On site: 30 low | high Med: 68.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London North (North N) |
| Postal Code | N6H1X7 |
| Listing VS Median (in N6H1X7) | |
Price: $799,999 low | high Med: $400,937 sqft: 1,500 low | high Med: 1,100 $ / sqft: $533 low | high Med: $268 On site: 30 low | high Med: 68.5 | |
Nearby Listings (Within 1/2 mile)
Price: $599K - $999K
sqft: 1,000 - 1,500
Listing Updated: October 14, 2026 at 8:24:22 AM PDT
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