3867 PETALPATH Way, London, ON Image 1

$1,299,900

Triplex For Sale
MLS - #X12034378
Mar 26- By CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

3867 PETALPATH Way, London, ON N6P 1H5

7 Bed
6 Bath
3500-5000 Sqft.
Attached Garage

Property Description

Property type

Triplex

Lot size

< .50

Style

3-Storey

Approx. Area

3500-5000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen2.74 x 3.04 mN/AMain
Family Room2 x 3.65 mN/AMain
Primary Bedroom3.65 x 3.65 m3 Pc EnsuiteMain
Bedroom 23.65 x 3.04 mN/AMain

About 3867 PETALPATH Way

INVESTORS DREAM PROPERTY! BRAND NEW! CITY OF LONDON APPROVED TRIPLEX! Possible 7%+ CAP RATE -estimated $90,000 in gross yearly income. RARE investment opportunity in the heart of a vibrant new subdivision! This immaculate Triplex boasts 4,022 SF of finished modern living space, designed for ultimate convenience and low maintenance living. Each unit within this triplex offers its own unique blend of comfort and style. The main floor suite features 2 bedrooms, 2 full baths, and seamless garage access for added convenience. On the upper level, you'll find 3 bedrooms, 2 full baths, and the cozy ambiance of an electric fireplace. Downstairs, the lower suite mirrors the main floor with 2 bedrooms, 2 full baths, and another inviting electric fireplace. With separate metering for gas and hydro for each unit, tenants enjoy autonomy over their utilities. Whether you're envisioning long-term tenants or exploring the lucrative realm of short-term rentals like Airbnb, this property is a true money maker. Inside each unit, in-suite laundry facilities ensure maximum convenience, while generously sized bedrooms provide ample space for relaxation. With a layout that allows the main floor and lower level to function as one large unit if desired, the possibilities are endless. Situated just moments away from the junction of highways 401 and 402, commuting is a breeze, making this property an ideal choice for tenants seeking accessibility. Plus, you're never far from everyday essentials with shopping, restaurants, banks, schools, and grocery stores all within easy reach. Whether you're an astute investor seeking a reliable income stream or an owner-occupier looking to offset mortgage costs by renting out additional units, this triplex offers the perfect blend of versatility and profitability. Don't miss out on this exceptional opportunity to secure your slice of real estate success! Schedule your viewing today. NOTE: PHOTOS ARE FROM A PREVIOUS BUILD AND FOR ILLUSTRATION PURPOSES ONLY.

Home Overview

Last updated

Mar 26

Virtual tour

None

Basement information

Apartment, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:Apartment, Separate Entrance
Cooling:Central Air
Heating:Forced Air
Parking Features:Private
0
Similar Homes Found
$0
Average Price
129990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 3867 PETALPATH Way

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4964.74/ month
$1,039,920 Principal and Interest

Some information about this property - PETALPATH Way

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