$849,900
74 ESSEX STREET
Beds
7
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London North (North K). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Quality investment! Purpose built triplex in one of London's most lucrative rental markets. 3 bedroom upper, 3 bedroom main, 1 bedroom lower. All units have two exits and have been modernized. Shared laundry is accessible by all units. Abundant parking for tenants. Upper three bedroom unit is vacant for easy showings or occupancy. Don't let this opportunity pass you by. Details and financials available prior to viewing. (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- North K
- Lot dimensions
- 49.2 x 254.2 FT
- Bedrooms
- 6 above grade, 1 below grade
- Parking
- 8 total
- Stories
- 2
- On market
- Apr 22, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $7,359
- Zoning
- R3-2(1)
- Photos
- 16
- MLS#
- X13028056
- Area
- LONDON_NORTH_(NORTH_K)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.63%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,239
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.