For sale

$399,900

Est. $1,722/mo —

•

3 ba

•

View

sq ft

186 Clarence St, London, ON N6B 2J7

About this home

FULLY RENTED TRIPLEX GENERATING APPROXIMATELY $35,488 IN ANNUAL GROSS RENTAL INCOME! Expand your investment portfolio with this income-producing property in London's historic SoHo neighbourhood. Located close to downtown and the Thames River, 186 Clarence Street 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, the property generates combined monthly rental income of $2,957.37. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal. With all three units occupied, this triplex offers immediate rental income in a neighbourhood undergoing an exciting transformation!

Multi-familyProperty Type

2,750 sq ftLot Size

1 spaceParking

Listing updated: Nov 11, 2026 at 02:23pm

Redfin checked: 2 minutes ago

•Source:TREB #X14144850

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Around this home

Schools

1.6km

Holy Rosary Separate School

Public, JK-8 • Assigned

1.0km

London South Collegiate Institute

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Interior features
Storage
Unfinished basement

Heating & cooling
Natural gas forced-air heating
Central air conditioning

Sale and tax history for 186 Clarence St

Sale History
Tax History

Date

Event

Price

TREB #X14144850

Nov 3, 2026

Listed

$399,900

TREB #X12162319

Jan 1, 2026

Delisted

—

May 21, 2025

Listed

$449,900

Fantastic Investment Opportunity in London's Vibrant SOHO Neighbourhood! This well-maintained triplex is the perfect addition to any investors portfolio or a great option for owner-occupiers looking to offset their mortgage with rental income. Featuring one spacious 2-bedroom unit and two bright 1-bedroom units, the property generates a solid annual income of $32,428 with low annual expenses of just $6,300. Each unit offers private entrances, functional layouts, and excellent rental appeal. Tenants enjoy convenient access to public transit, parks, shopping, and all the amenities that make SOHO one of London's emerging communities. With strong cash flow and room for future value growth, this is a turn-key property in a high-demand rental market. Don't miss your chance to own a proven income generator in a central location!

Public record

Beds

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Lot width

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Lot depth

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Lot size

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Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Single Family Residential

Region

Middlesex County

Parking Spaces

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Basement

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Accessible

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Maintenance Fees

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Garage

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Features

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Last updated by owner on Aug 9, 2023.

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