3857 PETALPATH Way
$1,299,900
$1,299,900

3857 PETALPATH Way

South V, London, Middlesex $1,299,900

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5+2 Beds
6 Baths
3500-5000 sqft
Attached Garage
with 1 Spaces
Parking for 2
N Facing
Zoning: R1-3(23)
MLS®#:
X10893897
Property Type:
Triplex
Property Style:
3-Storey
Area:
Middlesex
Community:
South V
Taxes:
$0 / 2024
Added:
November 25 2024
Lot Frontage:
36.19
Lot Depth:
109.56
Status:
Active
Outside:
Brick
Year Built:
New
Basement:
Apartment Sep Entrance
Brokerage:
CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.
Lot (Feet):

109

36

Lot Irregularities:
20.05 ft x 128.70 ft x 40.22 ft x 109.56
Intersection:
EAST OF COLONEL TALBOT RD AND SOUTH OF PACK ROAD.
Rooms:
9
Bedrooms:
5+2
Bathrooms:
6
Fireplace:
Y
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas
Kitchen 2.74 x 3.04m
Family 3.96 x 3.65m
Prim Bdrm 3.65 x 3.65m
3 Pc Ensuite
2nd Br 3.65 x 3.04m
Family 5.48 x 3.35m
Fireplace
Kitchen 3.35 x 3.35m
Prim Bdrm 5.18 x 3.65m
3 Pc Ensuite
2nd Br 3.65 x 4.26m
Family 4.26 x 3.65m
Fireplace
Kitchen 4.26 x 3.65m
Prim Bdrm 5.48 x 4.26m
3 Pc Ensuite
2nd Br 3.65 x 3.04m

Listing Description

INVESTORS DREAM PROPERTY! BRAND NEW! CITY OF LONDON APPROVED TRIPLEX! Possible 7%+ CAP RATE -estimated $90,000 in gross yearly income. RARE investment opportunity in the heart of a vibrant new subdivision! This immaculate Triplex boasts 4,022 SF of finished modern living space, designed for ultimate convenience and low maintenance living. Each unit within this triplex offers its own unique blend of comfort and style. The main floor suite features 2 bedrooms, 2 full baths, and seamless garage access for added convenience. On the upper level, you'll find 3 bedrooms, 2 full baths, and the cozy ambiance of an electric fireplace. Downstairs, the lower suite mirrors the main floor with 2 bedrooms, 2 full baths, and another inviting electric fireplace. With separate metering for gas and hydro for each unit, tenants enjoy autonomy over their utilities. Whether you're envisioning long-term tenants or exploring the lucrative realm of short-term rentals like Airbnb, this property is a true money maker. Inside each unit, in-suite laundry facilities ensure maximum convenience, while generously sized bedrooms provide ample space for relaxation. With a layout that allows the main floor and lower level to function as one large unit if desired, the possibilities are endless. Situated just moments away from the junction of highways 401 and 402, commuting is a breeze, making this property an ideal choice for tenants seeking accessibility. Plus, you're never far from everyday essentials with shopping, restaurants, banks, schools, and grocery stores all within easy reach. Whether you're an astute investor seeking a reliable income stream or an owner-occupier looking to offset mortgage costs by renting out additional units, this triplex offers the perfect blend of versatility and profitability. Don't miss out on this exceptional opportunity to secure your slice of real estate success! Schedule your viewing today. NOTE: PHOTOS ARE FROM A PREVIOUS BUILD AND FOR ILLUSTRATION PURPOSES ONLY.


Property Features

Golf
Hospital
Park
Public Transit
Rec Centre
School

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