870 Queens Avenue

London, N5W 3H6

Bedrooms: 6 beds
Bathrooms: 4 baths
Interior: 1,500-2,000 ft²
Lot: 34 × 90 ft
Type: Multiplex
On the market: 190 days

Compare 870 Queens Avenue

About this home

Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing).

Property details

MLS® number: X12979630
Property type: Triplex
Style: 2-Storey
Bedrooms: 6
Bathrooms: 4
Kitchens: 3
Interior size: 1,500-2,000 ft²
Lot: 34 × 90 ft

Similar homes around London

See more homes

$975,000
77 Sterling Street
London, Multiplex
6 beds3 baths2,000-2,500 ft²
MLS® X13611982Compare 77 Sterling Street
$799,999
86 Wilson Avenue
LondonMultiplex

Basement

Finished, Full

Heating

Forced Air, Gas

Sewer

Parking: 3 spaces
Exterior: Brick, Brick Front
Roof: Asphalt Shingle
Foundation: Concrete Block
Property taxes: $5,544 (2025)
Possession: Immediate
Cross street: Queens Ave and Ontario Street
Municipality: London

What it could cost each month

Mortgage estimate

$4,074a month

$184,000 down, 4.5%, 25 years

Down payment

7.3%10%20%

Interest rate

Open the full calculator

An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near Queens Ave and Ontario Street

870 Queens Avenue, London

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Listing courtesy of THE AGENCY REAL ESTATE.

Listed on the MLS® System of the London and St. Thomas Association of REALTORS. MLS® number X12979630. Measurements are approximate.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

Ask Rob and George

We check the details with the listing brokerage and book you a private showing, free.