$890K · 8 bed Multiplex · South F, London South

Loading neighbourhood intel…

34/36 Craig Street

London South · Ontario N6C 1E8

MLS® X13434706 · South F · N6C 1E8

85TenantOccupied3000-3500 ft²MultiplexNone15d$274/ft²Lot 59 x 192 ft$5,700 tax/yr

Neighbourhood Range

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

PRIME WORTLEY VILLAGE 5-PLEX with PREMIUM INCOME!!! 5 well kept and well rented units in a premium location at a spectacular price! Turnkey Income in one of London, Ontario's most beloved neighborhoods! Step into a rock-solid investment in the heart of Wortley Village, just steps from vibrant shops, cafés, parks, and all the charm that makes this area one of London's most sought-after communities. This tenant-occupied detached 5-plex is a reliable income earner from day one, offering character,…

Property details

MLS#

X13434706

Status

Conditionally Sold

Beds

Baths

5 full, 0 half

Size

3000-3500

Style

2-Storey

Type

Multiplex

Year built

—

Roof: Shingles
Foundation: Concrete, Brick

Garage: None
Garage spaces: 0
Parking: 3 total
Lot: 59 × 192
Heating: Forced Air
Heating fuel: Gas
Cooling: Other
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: Ridout Street, Wortley Rd
Basement: Unfinished
Stories: —
Utilities: —
Laundry: —
Interior: Separate Hydro Meter
Parking features: —

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $890,000✓ $5,700 tax✓ Gas✓ 3000-3500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,823/mo

incl. closing costs (yr 1)

Annual total

$81,882

year 1

Mortgage only

$3,376/mo

principal + interest

Beyond mortgage

$1,799/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$178,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$475/mo

Utilities

Hydro / electricity$228/mo

≈ $0.07/ft² × ~3,250 ft² · ON avg ~$228/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,900/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$14,275

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $40,517/yr

Property taxes24% $19,975/yr

Utilities7% $5,790/yr

Insurance & security2% $1,600/yr

Maintenance11% $8,900/yr

Closing costs6% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$40,517	$3,376/mo
Government & taxes
Property tax	$5,700	$475/mo
Land transfer tax(closing)	$14,275	$1,190/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,730	$228/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,900	$742/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$81,882	$6,823/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

34/36 Craig Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs