ON > London
London, ON N6B 2W4,12 Cartwright Street
London, ON N6B 2W4,12 Cartwright Street
London, ON N6B 2W4,12 Cartwright Street
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Listed by Nathan Blanco • EXP REALTY
$688,000
Est. payment /mo
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6 Beds
4 Baths
1,895 SqFt
Price Dropped by $1K

12 Cartwright Street London, ON N6B 2W4

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,895 sqft

Price per Sqft $363

MLS Listing ID 40708862

Bedrooms 6

Abv Grd Liv Area 1,895

Year Built 1884

Annual Tax Amount $5,002

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

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.

Location

Province ON

County Middlesex

Area East

Zoning R3-2

Direction Travel East on Dufferin Avenue, Take a Left Onto Cartwright Street. The property will be on the East Side / Right hand side.

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Accessory Apartment

Heating Baseboard, Electric, Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry None, In-Suite

Exterior

Parking Features Asphalt

Fence Full

Roof Type Shingle

Street Surface Paved

Lot Frontage 46.5

Lot Depth 121.5

Garage No

Building

Lot Description Rectangular, Ample Parking, City Lot, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails

Faces Travel East on Dufferin Avenue, Take a Left Onto Cartwright Street. The property will be on the East Side / Right hand side.

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Asbestos,Hardboard,Vinyl Siding

New Construction No

Schools

Elementary Schools Lord Roberts Public School; St. Michae4L Catholic School

High Schools Hb Beal Secondary School; Catholic Central High School

Others

Senior Community No

Tax ID 082720038

Ownership Freehold/None

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Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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12 Cartwright Street

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