870 Queens Avenue, London East, ON N5W 3H6
East G, London East · Near Queens Ave and Ontario Street · View map
About this home
Projected future rents for the triplex are estimated at $2,200/month for the upper level, $2,500/month for the ground level (currently owner-occupied), and $1,500/month for the basement unit, resulting in an approximate annual Net Operating Income (NOI) of $61,000; tenants pay hydro, as all units are separately metered. Seller is happy to remain as a tenant if the buyer wishes. (42562568) For reference, the seller's expense figures behind the NOI: house insurance $3,000, land care $1,000, snow removal $1,000, water heater rental $480 (taxes already in the listing).
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 6
- Basement
- Finished, Full
- Lot size
- 34 x 90 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Brick Front
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $5,544/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Queens Ave and Ontario Street
- Neighbourhood
- East G
More
- Price per sq ft
- ~$511 (at 1,750 sq ft)
- MLS® number
- X12979630
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No features listed yet.
- 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.
870 Queens Avenue, London East, ON N5W 3H6
East G, London East · Near Queens Ave and Ontario Street
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Listing history for 870 Queens Avenue
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 870 Queens Avenue
Answers come straight from this home’s MLS® listing.
How much is 870 Queens Avenue listed for, and what would it cost each month?
870 Queens Avenue is listed for $895,000. With 20% down ($179,000), the mortgage payment would be roughly $3,610 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,072 a month, all in. That figure is an illustration, not a quote.
Is 870 Queens Avenue freehold or a condo, and is there a monthly fee?
870 Queens Avenue is a triplex in East G, 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 870 Queens Avenue have?
870 Queens Avenue has 6 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 870 Queens Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 870 Queens Avenue have a finished basement?
The listing describes the basement as finished, full. Finished basement space is usually not counted in the square footage shown.
What style of home is 870 Queens Avenue?
870 Queens Avenue 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 870 Queens Avenue, 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 34 x 90 ft.
How is 870 Queens Avenue heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 870 Queens Avenue?
Property taxes are $5,544 a year (2025), or about $462 a month.
Where is 870 Queens Avenue?
870 Queens Avenue is in the East G community of London East. The nearest main intersection is Queens Ave and Ontario Street. The postal code is N5W 3H6.
Is 870 Queens Avenue still for sale?
Yes. It is an active listing (MLS® X12979630). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 870 Queens Avenue asking?
Similar properties for sale nearby right now include 77 Sterling Street at $975,000 (6 bed), 552 Adelaide Street N at $639,000 (4 bed) and 433 South Street at $829,000 (6+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 870 Queens Avenue 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 870 Queens Avenue?
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 G, picked by style, size and price.
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Duplex$639,000552 Adelaide Street N, London East4 bed · 2 bath · East GCourtesy of: SUTTON GROUP - SELECT REALTYView home →
Triplex$829,000433 South Street, London East6+3 bed · 3 bath · East KCourtesy of: SUTTON GROUP - SELECT REALTYView home →Courtesy of: THE AGENCY REAL ESTATE
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.