7 Marmora Street
London East, ON
- 4 bed
- 3 bath
- approx. 1100-1500 sqft
- Triplex
ATTENTION INVESTORS! Solid brick turnkey triplex in London's SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio!
Listing Details
- Taxes (2025)
- $3,738
- Listed
- May 14, 2026
- Sold
- June 10, 2026
- Closed On
- August 6, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block, Brick
- Interior
- Carpet Free, Water Heater Owned, Water Meter
- Lot Size
- 34.36 x 147.92 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Marmora Street and Nelson Street
- Zoning
- R2-2
- Parcel Number
- 083320223
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Secondary
- B Davison Secondary School Secondary School0.3 km
Public · Thames Valley DSB
- G A Wheable Secondary School0.9 km
Public · Thames Valley DSB
- H B Beal Secondary School1.4 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
Elementary
- Lester B Pearson School for the Arts0.3 km
Public · Thames Valley DSB · 280 students
Grade 6 math: 82% met the provincial standard
- Trafalgar Public School0.7 km
Public · Thames Valley DSB · 175 students
Grade 3 reading: 28% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Aberdeen Public School0.7 km
Public · Thames Valley DSB · 295 students
Grade 3 reading: 43% met the provincial standard · Grade 6 math: 33% met the provincial standard
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 N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
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
- 1,327
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,327 recorded sales of residential freehold properties in London East over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second, 3-piece on Basement
Main
- Bathroom8'2" x 4'11"
Listed by
PRIME REAL ESTATE BROKERAGE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$107,000
Estimated Monthly Payment
$2,628
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,628/mo (20% down, 5.5%)
Taxes: $312/mo · Insurance: $134/mo
Estimates only. Consult a financial advisor.
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