653 Talbot ST, London East, ON N6A 2T6
653 Talbot ST, London East, ON N6A 2T6
653 Talbot ST, London East, ON N6A 2T6
653 Talbot ST, London East, ON N6A 2T6
653 Talbot ST, London East, ON N6A 2T6
653 Talbot ST, London East, ON N6A 2T6
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,950,000
Est. payment | /mo

10 Beds

7 Baths

Save
$ 1,950,000
Est. payment | /mo
Save

10 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision East F

MLS Listing ID X12988110

Style 2-Storey

Bedrooms 10

Annual Tax Amount $20,804

Tax Year 2025

Property Sub-Type Triplex

Property Description

INVESTOR & DEVELOPER ALERT! Prime opportunity in the heart of London. 653 Talbot presents a fully renovated, turnkey triplex with strong in-place income and exceptional future upside. Completely gutted to the studs and rebuilt in 2018, with a new roof completed in 2024, this property offers peace of mind with no immediate capital expenditures required. The building features three self-contained units with separate utilities, generating $2,600/month (Unit 1), $3,370/month (Unit 2), and $4,720/month (Unit 3), for a total of $10,690/month or $128,280 annually. All units are currently leased through May 2026 and April 2027, providing secure, reliable cash flow from day one. Zoning permits future development and increased density, making this a rare opportunity for investors and developers alike. Permitted uses include residential intensification (single, semi-detached, duplex, triplex, fourplex, and converted dwellings), as well as institutional and community uses such as private schools, day care centres, places of worship, and more. Buyers are advised to complete their own due diligence with the municipality and regulatory authorities. Located in vibrant downtown London, the property offers excellent walkability to restaurants, shopping, transit, and key amenities - enhancing both tenant demand and long-term value. An exceptional addition to any investment portfolio with immediate income and long-term redevelopment potential.

Location

Province ON

County Middlesex

Area Middlesex

Zoning R3-1(17), NF1(16)

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Inclusions Washer (3), Dryer (3), Dishwasher (3), Stove (3), Fridge (3)

Exterior

Exterior Feature Deck, Porch

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 83.0

Lot Depth 193.0

Total Parking Spaces 8

Building

Building Age 100+

Foundation Block

Others

Senior Community Yes

ParcelsYN No

Listed by CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.

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Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

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653 Talbot ST