Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, N6B 1Z5
$849,000$000000
Listed by CENTURY 21 FIRST CANADIAN CORP.
Discover the allure of this licensed triplex nestled in a coveted downtown locale. This solid brick century home boasts a unique blend of historic charm and modern convenience, offering ample parking for all units.The main unit spans two floors and features a spacious layout with incredible high ceilings, a large living/dining area, an inviting eat-in kitchen, three bedrooms, and a full bathroom with laundry facilities. Additionally, a convenient main floor powder room adds to the comfort and functionality of the space. Upstairs, a refreshed one-bedroom, one-bathroom unit provides cozy accommodation, while the lower level has been tastefully renovated to offer two bedrooms, one bath, and an open-concept living area. Each unit is equipped with in-suite laundry for added convenience. Currently fully occupied, the property generates substantial rental income: the main unit rents for $2,445 per month , the upper unit for $1,399 per month , and the lower unit for $1,429.87 per month. Tenants are responsible for their hydro, gas and water incl in rent. Key upgrades include a metal roof with a transferable 50-year warranty (installed in 2014) and a replaced water boiler for efficient radiant heating (2016). Both water heaters are owned, with separate units serving each section of the triplex. Recent updates to water supply lines ensure reliability, utilizing copper or PEX piping. Newer windows enhance energy efficiency and comfort, particularly notable in the lower level and updated kitchen and bathroom areas of the upper unit. Several appliances have also been recently upgraded, further enhancing the property's appeal. Zoned for versatile use, including potential conversion to office space, this property offers flexibility for owner-occupied professional use or continued rental investment. Its prime downtown location appeals to students and professionals alike, providing easy access to a wealth of amenities and urban conveniences.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 4 times before. To view this property's sale price history please sign in or register: