HomeListingsLondon EastX13110200

197 Barker Street London East ON

📍 London East, Ontario N5Y 1Y2

$729,900

Active
8BEDS
3BATHS
6PARKING
3KITCHENS
67.95×87.71LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13110200
ListedMay 11, 2026
Days on Market
Property TypeResidential Freehold
StyleTriplex
Cross StreetCheapside
PossessionImmediate if assuming tenants

📝 Listing Description

Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street!

🏠 Property Details

Property TypeResidential Freehold
StyleTriplex
Bedrooms8
Bathrooms3
Kitchens3

📐 Lot & Land

Lot Width67.95 ft
Lot Depth87.71 ft
Cross StreetCheapside

🔧 Building & Utilities

Heat SourceGas
HeatingWater
CoolingCentral Air, Wall Unit(s)
BasementFull, Apartment
GarageNone
Parking6
ConstructionBrick, Vinyl Siding
RoofAsphalt Shingle, Flat

💰 Financial

List Price$729,900
Annual Taxes$6,034 (2025)
PossessionImmediate if assuming tenants

🧮 Mortgage Calculator

$145,980
Est. Monthly Payment
$3,586/mo
Principal: $583,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by CENTURY 21 FIRST CANADIAN CORPData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13110200 · 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.