12 Cartwright Street, London East

Bedrooms: 6
Bathrooms: 4
Added: 5 months ago
Updated: 3 weeks ago
Last Checked: 4 hours ago
Listed by: EXP REALTY
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Listing description
This Other at 12 Cartwright Street London East, ON with the MLS Number x12033299 listed by NATHAN BLANCO - EXP REALTY on the London East market 5 months ago at $688,000.

Nestled in Historic Downtown Woodfield (2016 Winner of Great Places in Canada Award) sits this 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to three cars, making navigating multi-family life a breeze. Lord Roberts Public School and London Central Secondary School are within walking distance making this a perfect family home featuring 3 spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back as well as a full in-law or guest suite in the front featuring a huge front porch and the option for laundry in the basement. The home also features a legal 2 bedroom upper apartment w/ separate entrance and dedicated laneway; newly rented at $1610 a month inclusive of utilites for August 1st, 2025. The rear lower three bed and two bath unit with in suite laundry is also newly rented generating $3250 a month inclusive of utilities for August 1st, 2025. Currently there is flexibility as the front main level one bedroom unit is vacant; making for an ideal owner occupied property. This unit is projected for rent at $1475 inclusive of utilities. This makes this a prime oppuruntity for a family or investor to reside in this spacious unit and generate two other income sources with the rental of the other two unit. This also present a prime opportunity for a multigenerational family to share this property. With projected rents of $6,435 a month with all three units rented; with an annual projected rental income of $76,020 and net operating income of $57,155; this prime location triplex is operating at an projected 8.3% Cap Rate at asking price. This spacious lot also offers ample room to add an additional stand alone garden suite unit in the future. (id:1945)

Property Details Key information about 12 Cartwright Street

Cooling: Central air conditioning
Heating:
- Forced air
- Natural gas
Structure Type: Triplex
Exterior Features: Vinyl siding

Interior Features Discover the interior design and amenities

Basement:
- Unfinished
- Walk-up
- N/A
Appliances:
- Washer
- Refrigerator
- Water meter
- Stove
- Water Heater

Exterior & Lot Features Learn about the exterior and lot specifics of 12 Cartwright Street

Water Source: Municipal water
Parking Features: No Garage
Lot Size Dimensions: 46.5 x 121.5 FT

Utilities & Systems Review utilities and system installations

Sewer: Sanitary sewer

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Nearby Listings Stat Estimated price and comparable properties near 12 Cartwright Street

Active listings

Min Price

$499,000

Max Price

$1,260,000

Avg Price

$984,600

Days on Market

88 days

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Nearby Places Nearby schools and amenities around 12 Cartwright Street

Catholic Central High School (0.3 km)
450 Dundas St, London

H.B. Beal Secondary School (0.6 km)
London

Amici Italian Restaurant (0.5 km)
350 Dundas St, London

The Raja Fine Indian Cuisine (0.9 km)
428 Clarence St, London

Delta London Armouries Hotel (0.6 km)
325 Dundas St, London

Hilton London (0.7 km)
300 King St, London

Banting House National Historic Site (0.6 km)
442 Adelaide St N, London

The Canadian Medical Hall of Fame (0.8 km)
267 Dundas St, London

London Police Service (0.6 km)
601 Dundas St, London

Victoria Park (0.8 km)
509 Clarence St, London

London Public Library (0.8 km)
251 Dundas St, London

Price History

Listed

March 21, 2025

by EXP REALTY

For Sale

$688,000

12 Cartwright Street, London East

Listing description This Other at 12 Cartwright Street London East, ON with the MLS Number x12033299 listed by NATHAN BLANCO - EXP REALTY on the London East market 5 months ago at $688,000.

Nearby Listings Stat Estimated price and comparable properties near 12 Cartwright Street

Nearby Places Nearby schools and amenities around 12 Cartwright Street

Price History

Similar Other For Sale

Listing description
This Other at 12 Cartwright Street London East, ON with the MLS Number x12033299 listed by NATHAN BLANCO - EXP REALTY on the London East market 5 months ago at $688,000.