197 Barker Street
London East, ON
8 bed • 3 bath • approx. 2000-2500 sqft • Triplex • 105 days on market
Turnkey triplex in Carling Heights, This solid all-brick property is just minutes from Fanshawe College, Western University, Hospitals, Downtown and multiple bus routes-making it a prime location for strong, consistent rental demand. Offering two spacious 3-bedroom units and one well-designed 2-bedroom lower-level suite, each with separate entrances. Currently fully tenanted with reliable AAA tenants, generating $58,000 in gross annual revenue. Additional investor-friendly features include separate hydro meters, 6 parking spaces, a coin-operated laundry room generating approximately $600 per year. Situated on a generous lot, the property has been well maintained with key updates including a new flat roof (2022), cedar deck (2023), and chimney repair (2022). This is a rare opportunity in a high-demand rental area. Don't miss your chance to own 197 Barker Street!
Listing Details
- Taxes (2025)
- $6,034
- Listed
- May 11, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle, Flat
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 67.95 x 87.71 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Cheapside
- Zoning
- R6-4
- Parcel Number
- 080940606
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Dishwasher, refrigerator and stove in upper unit, Dishwasher, refrigerator and stove in main floor unit, Refrigerator and stove in lower unit, Coin op washer and coin op dryer
- Exclusions
- Tenants belongings. upright freezer in main floor apartment, chest freezer in upper apartment
Schools
Elementary
- Lord Elgin Public School0.4 km
Public · Thames Valley DSB · 345 students
Grade 3 reading: 32% met the provincial standard · Grade 6 math: 21% met the provincial standard
- Knollwood Park Public School0.5 km
Public · Thames Valley DSB · 340 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard
- École élémentaire catholique Monseigneur-Bruyère0.6 km
French Catholic · Conseil scolaire catholique Providence · 220 students
Secondary
- École secondaire catholique Monseigneur-Bruyère0.6 km
French Catholic · Conseil scolaire catholique Providence · 245 students
Grade 10 literacy: 93% met the provincial standard
- Robarts Provincial School for the Deaf1.6 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Secondary School1.6 km
Provincial · Provincial and Demonstration Schools
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5Y
- Population
- 35,934
- Private dwellings
- 16,194
- Median age
- 35.6
- Average household size
- 2.3
- Median household income
- $63,600
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in London East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,316
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,316 recorded sales of residential freehold properties in London East over the last 12 months.
Rooms
4-piece on Main, 4-piece on Lower, 4-piece on Upper
Upper
- Bedroom 212'7" x 8'9"
- Bedroom 311'2" x 9'11"
- Kitchen12'7" x 9'11"
- Living Room20'3" x 11'11"
- Primary Bedroom11'2" x 12'4"
Main
- Bedroom11'2" x 12'4"
- Bedroom 212'7" x 10'3"
- Bedroom 311'2" x 9'11"
- Kitchen12'7" x 10'3"
- Living Room20'8" x 12'
Lower
- Bedroom11'2" x 12'4"
- Bedroom 211'2" x 9'11"
- Kitchen12'6" x 8'9"
- Living Room11'2" x 12'
Basement
- Utility Room9'1" x 13'
Listed by
CENTURY 21 FIRST CANADIAN CORP
Location
Mortgage Calculator
$145,980
Estimated Monthly Payment
$3,586
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,586/mo (20% down, 5.5%)
Taxes: $503/mo · Insurance: $182/mo
Estimates only. Consult a financial advisor.
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