8 Bed Residential Freehold – 34/36 Craig Street, London South, ON
$890,000 CAD
Property Description
PRIME WORTLEY VILLAGE 5-PLEX with PREMIUM INCOME!!! 5 well kept and well rented units in a premium location at a spectacular price! Turnkey Income in one of London, Ontario’s most beloved neighborhoods! Step into a rock-solid investment in the heart of Wortley Village, just steps from vibrant shops, cafés, parks, and all the charm that makes this area one of London’s most sought-after communities. This tenant-occupied detached 5-plex is a reliable income earner from day one, offering character, durability, and unbeatable walkability. Built with classic triple-brick and double-brick construction, updated plumbing, insulation, & wiring, the property delivers the kind of long-term stability investors love. Each unit is separately metered for hydro, making management straightforward and expenses predictable. With dedicated parking for all tenants, this property checks a major box for renters-especially in a neighborhood where parking is at a premium. Whether commuting or exploring, residents enjoy effortless access to downtown London, South London, transit routes, and everyday conveniences. The location alone keeps demand high, and the strong rental history speaks for itself. A rare opportunity to own a well-maintained, income-producing 5-plex in one of the city’s most iconic neighborhoods-perfect for investors seeking steady returns, future upside, and a property that practically markets itself. TOTAL MONTHLY INCOME: $7890 w/ the 4 larger apartments paying their own hydro ($1195 bachelor unit all inclusive on house meter, $1700 2 bedroom unit + hydro, $1495 1 bedroom unit + hydro, $1750 + hydro, $1750 + hydro). Laundry in basement services all units. The basement also offers lots of storage & potential for a additional living space. Along with potential That’s $94,680 per year gross income with MINIMAL utilities and ultra low property taxes! This listing is for the 5-plex only at 34 & 36 Craig St. The triplex at 34 Craig St is also available for sale at MLS #X13206364
Property Details
Type
Residential Freehold
Parking
3 spaces
All Photos
Location
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