142 John Street, London East
Turnkey, separately metered triplex steps to downtown London and Western, generating $4,533 a month ($54,396 a year) in rental income with a current city rental licence already in hand. This fully self-contained three-unit property offers a spacious main level with 3 bedrooms and hardwood floors renting for $1,843, a bright upper unit with 2 bedrooms and an eat-in kitchen renting for $1,395, and a light-filled lower unit with 2 bedrooms and potential rent of $1,295, seven bedrooms in total. Each unit has its own kitchen, living space, bath, and separate entrance, and with three separately metered hydro units, tenants cover their own utility costs, keeping expenses predictable. The building has been updated over the years, blending original character with practical improvements, and its legal, licensed status with the City of London is a genuine advantage in a market where many comparable buildings are not. Just steps to transit, shopping, restaurants, and Western University, this address checks every box for long-term tenant demand, whether you are growing a portfolio or looking to house-hack with rental income covering the majority of your carrying costs. (id:1945)
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Property details for 142 John Street, London East
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 30 x 148.5 FT
- Stories
- 2
- Basement
- Partially finished, N/A
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Brick
- Annual Taxes
- $6,060
Nearby Listings Stat
Estimated price and comparable properties near 142 John Street
Active Listings
3
Min Price
$515,000
Max Price
$884,900
Avg Price
$691,600
Days on Market
52
days
Sold Listings
1
Min Sold Price
$789,900
Max Sold Price
$789,900
Avg Sold Price
$789,900
Days until Sold
63
days
Price History
Listed
September 4, 2026
by PRIME REAL ESTATE BROKERAGE
Current Price
$674,900
-16.7% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $674,900 | $135,000 (-16.7%) |
| Sep 4, 2026 | $809,900 | $40,000 (-4.7%) |
| Mar 26, 2026 | $849,900 | Listed |