7 Marmora Street, London East, ON N5Z 1Z4
...
sold
About This Property
ATTENTION INVESTORS! Solid brick turnkey triplex in London's SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio!
Property Details
Multi-Family
Sold
X13128296
4
3
1,100
6,243 sqft
East L
May 14, 2026
Features & Amenities
Location
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7 Marmora Street, London East, ON N5Z 1Z4
7 Marmora Street, London East, ON N5Z 1Z4
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9