Purpose-Built, Legal & Licensed Triplex in Old South. An excellent turnkey investment opportunity just steps from Wortley Village. This solid brick triplex has been extensively renovated and offers three self-contained units, with two units currently vacant and one leased-giving the next owner flexibility to place their own tenants and establish current market rents. Each unit includes five newer appliances (2022), with two heat pumps added in 2023, four separate hydro meters, a new rear deck and staircase (2023), plus a brand-new asphalt driveway and parking lot providing ample on-site parking. The property previously generated over $64,000 in annual gross income when fully occupied, with potential for growth as the vacant units are re-leased. With an active City of London rental licence, legal triplex status and major improvements already completed, this is a strong opportunity for investors looking for a low-maintenance multi-family asset in one of London's most desirable rental locations.
6 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $667 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 17 Carfrae Cres
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spaces
Basement
Separate Entrance, Full
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Separate Entrance · Full
Lot & land
Lot size (sqft)
4090.28
Listing & possession
Property style
2-Storey
Property class
Triplex
17 Carfrae Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13770780$999,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 17 Carfrae Cres Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,913
/mo
based on the purchase price of $999,999
$200,000 cash
$799,999 financed
$673,809 total interest
Principal54%$799,999
Interest46%$673,809
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 6–8 bed homes for sale in London around $1000K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,430Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,724 sales from Aug 12 – Nov 10, 2026 (1,546 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 17 Carfrae Cres
How much is 17 Carfrae Cres listed for?
17 Carfrae Cres is listed at $999,999 (MLS® X13770780). Summitly updates the price as soon as the MLS® record changes.
Is $999,999 a good price for 17 Carfrae Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 17 Carfrae Cres changed?
No — 17 Carfrae Cres is still listed at its original asking price of $999,999.
How many bedrooms and bathrooms does 17 Carfrae Cres have?
17 Carfrae Cres has 6 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in London.
How much would the monthly mortgage be on 17 Carfrae Cres?
About $4,913 a month — principal and interest on $999,999 with 20% down ($200,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 17 Carfrae Cres compare with other homes in London?
Its asking price of $999,999 is about 80% above the median sold price in London over the last 90 days, $555,500, across 1,724 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 17 Carfrae Cres been sold before?
Summitly has no earlier MLS® sale or lease of 17 Carfrae Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 17 Carfrae Cres?
17 Carfrae Cres is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 17 Carfrae Cres been on the market?
60 days — 17 Carfrae Cres was listed on September 11, 2026.
What is the price per square foot of 17 Carfrae Cres?
About $500 to $667 per square foot: the asking price of $999,999 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 17 Carfrae Cres have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 17 Carfrae Cres have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Full.
