870 Queens AvenueLondon East, Middlesex, ON, N5W 3H6
870 Queens AvenueLondon East, Middlesex, ON, N5W 3H6
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Listing History
Buy/sell history for 870 Queens Avenue, London East, ON N5W 3H6
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
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PrimeAVM™
Current valuation for 870 Queens Avenue, London East, ON N5W 3H6. Listed for $920,000 on 2026-11-02
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Description
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).
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$920,000
List price