4
$399,900 Sale
Listed 3 hours ago
186 Clarence Street
· 4
· 3
· 1
· 1500-2000
Listing History
Buy/Sell/Terminated/Expired listing history for 186 Clarence Street
Key Facts
Key facts for 186 Clarence Street
Property Type
Apartment, 1 1/2 Storey
Parking
None 0 garage, 1 parking
MLS #
X14144850
Size
1500-2000 sqft
Basement
Separate Entrance,Unfinished
Listed on
2026-11-03
Lot size
25 x 110.0
Tax
$2,347 /yr
Days on Market
0
Approximate Age
100+
Maintenance Fee
-
Description
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 t...he 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!
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