$535,000
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193 Clarence Street, London East (east K), ON N6B2J8

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3 Beds
3 Baths
- Sq Ft

Attention Investors! Welcome to 193 Clarence Street, an exceptional, fully renovated, and cash-flowing triplex in London. This is the definition of a turn-key, zero-headache asset, perfectly suited for investors seeking predictable, low-maintenance returns, with AAA tenants.Financially, the property is optimized for success. Gross Annual Income is $47, 184 with highly efficient operating costs. All units are separately metered for hydro, paid directly by the tenants, further protecting your NOI - which on this turnkey property, is $47, 184, resulting in a staggering cap rate of 7.45%!What sets this property apart is its highly desirable and rare single-story layout. Featuring three 1-bedroom, 1-bathroom units situated entirely on the main floor (front, middle, and back), tenants enjoy tall ceilings and quiet living with zero footsteps above or below them.In 2020, this building was completely gutted to the studs and meticulously rebuilt, eliminating major future capital expenditures. The comprehensive exterior overhaul included a lifetime metal roof, new siding, eavestroughs, soffits, fascia, windows, and exterior doors. Behind the walls, the property boasts all-new electrical, updated plumbing, modern HVAC ductwork, and a new furnace. Efficiency was heavily prioritized with spray foam insulation in the basement, upgraded attic insulation, and dedicated sound-dampening insulation installed between every unit.Inside, the units are bright and modern, featuring new dry wall, trim, resilient flooring, updated kitchens, and contemporary bathrooms. To ensure low vacancy and attract quality tenants, each unit offers highly sought-after amenities: in-suite laundry, dishwashers, and one designated backyard parking spot per unit. With the heavy lifting completely done and professional-grade renovations throughout, this triplex is ready to cash flow from day one. Don't miss this rare opportunity to acquire a pristine, hassle-free addition to your portfolio! (id:58753)

Listing By: KELLAN JAMES PANICCIA - PRIME REAL ESTATE BROKERAGE cncrea2 Realty.com
  • MLS® X13208316
  • Date Listed05/28/2026
  • Days on Realty 11 Days
  • Bedrooms 3
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Water Heater
  • Cooling Window air conditioner
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Clarence St and Simcoe St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N6B2J8

Discover key demographics, population statistics, and environmental insights for the London East (east K), ON area.

Walkability in ON / N6B2J8

Source: Walk Score

59/100

Somewhat Walkable

Walk Score ®

71/100

Excellent Transit

Transit Score ®

82/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

24 nearby routes: 20 bus, 4 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 50/100, Bike Score: 60/100.

Points of Interest near 193 CLARENCE STREET, London East (East K), ON N6B2J8

Frequently Asked Questions for 193 CLARENCE STREET

Source: Realty.com

193 CLARENCE STREET, London East (East K), ON N6B2J8 in London East (East K), ON N6B2J8 is a triplex listed at $535,000. Highlights include 3 bedrooms, 3 bathrooms. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 38 photos of 193 CLARENCE STREET.

The full address for this home is 193 CLARENCE STREET, London East (East K), ON N6B2J8.

193 CLARENCE STREET has been listed on Realty.com since Thu May 28, 2026

Some errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 50/100, Bike Score: 60/100.

Listing provided courtesy of: PRIME REAL ESTATE BROKERAGE
Listing agent: KELLAN JAMES PANICCIA

This content last refreshed on 2026-06-08 03:44:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.