For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

London East · East K

186 Clarence Street

Triplex

MLS® #X14144850

Listed for$399,9001 day on market

4 bed 3 bath 1 parking 1500-2000 sq ft~$229/sq ft

New this week
Transit stop ~72.7 km

Free · about 10 seconds

Is $399,900 a fair price?

See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.

No obligation · unsubscribe anytime

Est. all-in monthly~$2,056/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…

This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~72.68 km

Property information

What house buyers ask first

Lot size: 25 × 110 ft
Square footage: 1500-2000 sq ft
Age: ~100+ years old
Property tax: $2,347 / yr
Parking: 1 space · None
Basement: Separate Entrance, Unfinished

Property summary

Property type: Triplex
Style: 1 1/2 Storey
Approx. age: 100+ years
Lot size: 25 × 110 ft
Parking: 1 space · None
Heating: Forced Air
Air conditioning: Central Air
Basement: Separate Entrance, Unfinished
Kitchens: 3
Exterior: Vinyl Siding
Property tax: $2,347 / yr
MLS®: X14144850

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$530,000

Below recent sales

30 Carfrae Crescent

3 bed · 2 bath·1500-2000 sq ft·3 parking

London

Listed 8 days ago · Initia Real Estate (Ontario) Ltd

Detached

$699,900

Above recent sales

28 Essex Street

2+2 bed · 2 bath·< 700 sq ft·3 parking

London

Listed 2 days ago · Right At Home Realty

Condo Apartment

$295,900

Above recent sales

272 DUNDAS Street, Unit 203

1 bed · 1 bath·700-799 sq ft·$415/mo fee

London

Listed 5 days ago · Sutton Group - Select Realty Inc.

Condo Apartment

$699,900

Above recent sales

162 Wortley Road, Unit 305

2 bed · 2 bath·1200-1399 sq ft·2 parking·$983/mo fee

London

Listed 6 days ago · Sutton Group - Select Realty Inc.

Condo Apartment

$284,000

Above recent sales

440 Wellington Street, Unit 303

1 bed · 1 bath·800-899 sq ft·1 parking·$797/mo fee

London

Listed 1 day ago · Team Glasser Real Estate Brokerage Inc.

The numbers that matter

Property tax: $2,347/yr
Est. all-in: ~$2,056/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Kitchener GurdwaraNearest transit · Bus stop~72.7 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — London East

$493KMedian sold

38Median days on market

97.3%Sale-to-list

Median sold price · London East1-yr -9% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Description & details

EXPAND YOUR INVESTMENT PORTFOLIO OR LIVE IN ONE UNIT AND RENT THE OTHERS! Located in London's historic SoHo neighbourhood, close to downtown and the Thames River, this triplex offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of the former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, 186 Clarence Street offers flexibility for both owner-occupiers and investors. The vacant front one-bedroom provides the opportunity to move in and enjoy rental income from the other two units as a mortgage helper, or select your own tenant and rent all three. The two occupied units currently generate combined monthly rent of $1,957.37. With estimated rent of $1,100-$1,200 per month for the vacant unit, projected gross annual rental income is approximately $36,688-$37,888 when fully rented. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal of this versatile SoHo property!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by CENTURY 21 FIRST CANADIAN CORP. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.