Expand your investment portfolio or live in one unit and rent the others! Located in London's historic SoHo neighbourhood, close to downtown and the Thames River, this triplex offers an opportunity to invest in an evolving community benefiting from new residential development and revitalization of the former Victoria Hospital lands. Featuring two one-bedroom units and one two-bedroom unit, 186 Clarence Street offers flexibility for both owner-occupiers and investors. The vacant front one-bedroom provides the opportunity to move in and enjoy rental income from the other two units as a mortgage helper, or select your own tenant and rent all three. The two occupied units currently generate combined monthly rent of $1,957.37. With estimated rent of $1,100-$1,200 per month for the vacant unit, projected gross annual rental income is approximately $36,688-$37,888 when fully rented. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal of this versatile SoHo property!
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $267 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 186 Clarence St
Every detail from the listing, in one place.
Type
Triplex
Style
1 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
1 space
Basement
Separate Entrance, Unfinished
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Separate Entrance · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Triplex
186 Clarence St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14144850$399,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 186 Clarence St 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
$1,965
/mo
based on the purchase price of $399,900
$79,980 cash
$319,920 financed
$269,457 total interest
Principal54%$319,920
Interest46%$269,457
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.
Keep looking near 186 Clarence St
Homes for sale in London
Every active London MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,400Homes for sale here right now.
Median vs prior 90 days−1.4%Compared with May 7 – Aug 5, 2026: prices down.
Based on 1,732 sales from Aug 5 – Nov 3, 2026 (1,514 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 186 Clarence St
How much is 186 Clarence St listed for?
186 Clarence St is listed at $399,900 (MLS® X14144850). Summitly updates the price as soon as the MLS® record changes.
Is $399,900 a good price for 186 Clarence St?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 186 Clarence St changed?
No — 186 Clarence St is still listed at its original asking price of $399,900.
How many bedrooms and bathrooms does 186 Clarence St have?
186 Clarence St has 4 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 186 Clarence St?
About $1,965 a month — principal and interest on $399,900 with 20% down ($79,980), 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 186 Clarence St compare with other homes in London?
Its asking price of $399,900 is about 29% below the median sold price in London over the last 90 days, $561,250, across 1,732 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 186 Clarence St been sold before?
Summitly has no earlier MLS® sale or lease of 186 Clarence St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 186 Clarence St?
186 Clarence St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 186 Clarence St been on the market?
186 Clarence St was listed today (November 3, 2026).
What is the price per square foot of 186 Clarence St?
About $200 to $267 per square foot: the asking price of $399,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 186 Clarence St have parking or a garage?
Yes — the listing gives 1 parking space.
Does 186 Clarence St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Unfinished.
