Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street!
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
87'8½"26.7 m
Lot Frontage:
67'11"20.7 m
Lot Shape:
Irregular
Direction Faces:
West
Bedrooms:
8
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
8
Kitchens Above Grade:
3
Rooms Above Grade:
12
Zoning:
R6-4
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle, Flat
Basement:
Full, Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
Immediate if assuming tenants
Lot Irregularities:
68.12 ft x 102.55 ft x 44.68 ft x 6.52 f
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Development Charges Paid:
Unknown
Taxes:
$6,034 /
2025
Assessment:
$- /
2025
Middlesex
London East
East C
Hospital, Park, Public Transit, School, School Bus Route
None
Dishwasher, refrigerator and stove in upper unit, Dishwasher, refrigerator and stove in main floor unit, Refrigerator and stove in lower unit, Coin op washer and coin op dryer
Tenants belongings. upright freezer in main floor apartment, chest freezer in upper apartment
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