394 Thiel Street, London East, ON N5W 4P8
East H, London East · Near Dundas & Second St · View map
About this home
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
The home
- Type
- Triplex
- Style
- 3-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 8
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 12
- Basement
- Finished
- Lot size
- 60.1 x 117.3 ft
- Faces
- East
- View
- Garden, Panoramic, Trees/Woods
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Alarm System, Carbon Monoxide Detectors, Concierge/Security, Heat Detector, Security System, Smoke Detector
- Exterior
- Brick, Concrete Poured
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 7
- Total parking
- 7
- Parking features
- Private Double, Available, Lane, Reserved/Assigned
Taxes & other
- Property taxes
- $5,381/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Dundas & Second St
- Neighbourhood
- East H
More
- Price per sq ft
- ~$327 (at 2,750 sq ft)
- MLS® number
- X12869698
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The home and its surroundings
- Countertop Range
- Floor Drain
- On Demand Water Heater
- Separate Hydro Meter
- Upgraded Insulation
- Water Heater Owned
- Water Meter
- Arts Centre
- Library
- Park
- Public Transit
- School
- Hospital
- Patio
- Privacy
- Porch
- 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.
394 Thiel Street, London East, ON N5W 4P8
East H, London East · Near Dundas & Second St
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Listing history for 394 Thiel Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 394 Thiel Street
Answers come straight from this home’s MLS® listing.
How much is 394 Thiel Street listed for, and what would it cost each month?
394 Thiel Street is listed for $899,900. With 20% down ($179,980), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,078 a month, all in. That figure is an illustration, not a quote.
Is 394 Thiel Street freehold or a condo, and is there a monthly fee?
394 Thiel Street is a triplex in East H, 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 394 Thiel Street have?
394 Thiel Street has 8 bedrooms and 3 bathrooms. The listing gives the style as 3-storey.
Does 394 Thiel Street have a garage and parking?
The listing does not show a garage. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.
Does 394 Thiel Street have a finished basement?
The listing describes the basement as finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 394 Thiel Street?
394 Thiel 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 394 Thiel Street, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 60.1 x 117.3 ft.
How is 394 Thiel Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 394 Thiel Street?
Property taxes are $5,381 a year (2025), or about $448 a month.
Where is 394 Thiel Street?
394 Thiel Street is in the East H community of London East. The nearest main intersection is Dundas & Second St. The postal code is N5W 4P8.
Is 394 Thiel Street still for sale?
Yes. It is an active listing (MLS® X12869698). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 394 Thiel Street asking?
Similar properties for sale nearby right now include 183-185 VANCOUVER Street at $699,900 (7 bed), 1905 Wavell Street at $649,000 (7 bed) and 434 Second Street at $669,000 (4+4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 394 Thiel 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 394 Thiel 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 H, picked by style, size and price.
Duplex$699,900183-185 VANCOUVER Street, London East7 bed · 4 bath · East HCourtesy of: SUTTON GROUP - SELECT REALTY INC.View home →
Triplex$649,0001905 Wavell Street, London East7 bed · 3 bath · East HCourtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INCView home →
Duplex$669,000434 Second Street, London East4+4 bed · 4 bath · East HCourtesy of: TEAM GLASSER REAL ESTATE BROKERAGE INC.View home →Courtesy of: RIGHT AT HOME REALTY
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.