12 Cartwright Street, London East (East F), Ontario N6B 2W4 (28055648)


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12 Cartwright Street London East (East F), Ontario N6B 2W4

6 Bedroom 4 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air Landscaped

$688,000

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 for August 1st, 2025. 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 just turned over through organic turnover and is also currently vacant. This makes this a prime oppuruntity for a family or investor to reside in this spaciou unit and generate two other income sources with the rental of the other two unit. This also present a prime opportunity for a multigenerational family to share this property. With projected rents of $5184 a month with all three units rented; with an annual projected rental income of $67,020 and net operating income of $47,485; this prime location triplex is operating at an projected 6.8% Cap Rate at asking price. This spacious lot also offers ample room to add an additional stand alone garden suite unit in the future. (id:46416)

Property Details

MLS® Number X12033299
Property Type Multi-family
Community Name East F
Amenities Near By Park, Place Of Worship, Public Transit
Equipment Type None
Features Flat Site, Lighting, In-law Suite
Parking Space Total 3
Rental Equipment Type None
Structure Porch, Deck, Shed

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Water Heater, Water Meter, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Features Walk-up
Basement Type N/a (unfinished)
Construction Status Insulation Upgraded
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1500 - 2000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Park, Place Of Worship, Public Transit
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 121 Ft ,6 In
Size Frontage 46 Ft ,6 In
Size Irregular 46.5 X 121.5 Ft
Size Total Text 46.5 X 121.5 Ft
Zoning Description R3-2

Rooms

Level Type Dimensions
Main Level Living Room 3.03 m x 3.3 m
Main Level Kitchen 3.48 m x 4.28 m
Main Level Primary Bedroom 4.65 m x 4.06 m
Main Level Bedroom 3.3 m x 2.41 m
Main Level Bedroom 3.48 m x 3.81 m
Main Level Mud Room 1.19 m x 4.04 m
Main Level Living Room 4.39 m x 3.94 m
Main Level Primary Bedroom 4.39 m x 2.54 m
Upper Level Living Room 4.42 m x 3.07 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28055648/12-cartwright-street-london-east-east-f-east-f

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