186 Clarence Street, London East, ON N6B 2J7
East K, London East · Near GREY STREET · View map
About this home
FULLY RENTED TRIPLEX GENERATING APPROXIMATELY $35,488 IN ANNUAL GROSS RENTAL INCOME! Expand your investment portfolio with this income-producing property in London's historic SoHo neighbourhood. Located close to downtown and the Thames River, 186 Clarence Street 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, the property generates combined monthly rental income of $2,957.37. Annual expenses for hydro, gas, property taxes and insurance total approximately $9,347. A roof replaced approximately three years ago adds to the appeal. With all three units occupied, this triplex offers immediate rental income in a neighbourhood undergoing an exciting transformation!
The home
- Type
- Triplex
- Style
- 1 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 13
- Basement
- Separate Entrance, Unfinished
- Lot size
- 25 x 110 ft
- Faces
- East
- View
- City
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Lane, Private
Taxes & other
- Property taxes
- $2,347/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- GREY STREET
- Neighbourhood
- East K
More
- Price per sq ft
- ~$229 (at 1,750 sq ft)
- MLS® number
- X14144850
No matching details. Ask Will instead
The home and its surroundings
- Accessory Apartment
- Carpet Free
- In-Law Capability
- Primary Bedroom - Main Floor
- Storage
- Water Heater Owned
- Water Meter
- Public Transit
- Rec./Commun.Centre
- School Bus Route
- Park
- River/Stream
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
186 Clarence Street, London East, ON N6B 2J7
East K, London East · Near GREY STREET
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 186 Clarence Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 186 Clarence Street
Answers come straight from this home’s MLS® listing.
How much is 186 Clarence Street listed for, and what would it cost each month?
186 Clarence Street is listed for $399,900. With 20% down ($79,980), the mortgage payment would be roughly $1,613 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,809 a month, all in. That figure is an illustration, not a quote.
Is 186 Clarence Street freehold or a condo, and is there a monthly fee?
186 Clarence Street is a triplex in East K, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 186 Clarence Street have?
186 Clarence Street has 4 bedrooms and 3 bathrooms. The listing gives the style as 1 1/2 storey.
Does 186 Clarence Street have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 186 Clarence Street have a finished basement?
The listing describes the basement as separate entrance, unfinished. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 186 Clarence Street?
186 Clarence Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 186 Clarence Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 110 ft.
How is 186 Clarence Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 186 Clarence Street?
Property taxes are $2,347 a year (2025), or about $196 a month.
Where is 186 Clarence Street?
186 Clarence Street is in the East K community of London East. The nearest main intersection is GREY STREET. The postal code is N6B 2J7.
Is 186 Clarence Street still for sale?
Yes. It is an active listing (MLS® X14144850). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 186 Clarence Street asking?
Similar properties for sale nearby right now include 281 Hill Street at $499,900 (4 bed), 307 Grey Street at $450,000 (5 bed) and 173 Adelaide Street N at $399,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 186 Clarence Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 186 Clarence Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near East K, picked by style, size and price.
Duplex$499,900281 Hill Street, London East4 bed · 2 bath · East KCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →
Duplex$450,000307 Grey Street, London East5 bed · 2 bath · East KCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →
Duplex$399,000173 Adelaide Street N, London East6 bed · 2 bath · East KCourtesy of: ROBIN HOOD REALTY LIMITEDView home →Courtesy of: CENTURY 21 FIRST CANADIAN CORP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.