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870 Queens Avenue London East ON
📍 London East, Ontario N5W 3H6
$1,200,000
Active
📋 Listing Highlights
StatusActive
MLS®X12979630
ListedApr 9, 2026
Days on Market—
Property TypeResidential Freehold
StyleTriplex
Cross StreetQueens Ave and Ontario Street
PossessionImmediate
📝 Listing Description
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.
🏠 Property Details
Property TypeResidential Freehold
StyleTriplex
Bedrooms6
Bathrooms4
Kitchens3
📐 Lot & Land
Lot Width34 ft
Lot Depth90 ft
Cross StreetQueens Ave and Ontario Street
🔧 Building & Utilities
Heat SourceGas
HeatingForced Air
CoolingNone
BasementFinished, Full
GarageNone
Parking3
ConstructionBrick, Brick Front
RoofAsphalt Shingle
💰 Financial
List Price$1,200,000
Annual Taxes$5,544 (2025)
PossessionImmediate
🧮 Mortgage Calculator
$240,000
Est. Monthly Payment
$5,895/mo
Principal: $960,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by THE AGENCY REAL ESTATEData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12979630 · Last updated: Jul 14, 2026
Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.