• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$2,900,000
Available - For Sale
Listing ID: X12166122
653 Talbot Stre , London East, N6A 2T6, Middlesex


Prime investment opportunity in the heart of London! 653 Talbot is a fully renovated triplex with major upside potential. Gutted to the studs and rebuilt in 2018, with a new roof added in 2024, this turnkey property requires no immediate capital investment. Each unit has separate utilities, and zoning allows for a future addition to further increase rental income. Ideally situated in vibrant downtown London, the property offers walkable access to restaurants, shops, transit, and more. All units are leased through May 2025/April 2026, offering immediate cash flow. Inquire directly to arrange a private showing.
Price $2,900,000
Taxes: $19522.00
Occupancy: Tenant
Address: 653 Talbot Stre , London East, N6A 2T6, Middlesex
Directions/Cross Streets: John Street
Rooms: 16
Bedrooms: 10
Bedrooms +: 0
Family Room: F
Basement: Full, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 3 Second
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Schools

7 public & 6 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.

Parks & Rec

4 trails and 1 playground are within a 20 min walk of this home.

Transit

Street transit stop less than a 6 min walk away. Rail transit stop less than 2 km away.

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$
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%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $145,000 $290,000 $435,000 $580,000
First Mortgage $2,755,000 $2,610,000 $2,465,000 $2,320,000
CMHC/GE $110,200 $80,910 $69,020 $0
Total Financing $2,865,200 $2,690,910 $2,534,020 $2,320,000
Monthly P&I $14,139.24 $13,279.15 $12,504.93 $11,448.78
Expenses $0 $0 $0 $0
Total Payment $14,139.24 $13,279.15 $12,504.93 $11,448.78
Income Required $530,221.65 $497,968.29 $468,934.89 $429,329.27

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$7,155.49
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Freehold - Triplex
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style: 2-Storey
Lot Size: x 193.00(Feet)
Approximate Age:
Tax: $19,522
Maintenance Fee: $0
Beds: 10
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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