Listed for:Listed Mar 11, 2026
$899,900

394 Thiel Street

London (East H), ON N5W 4P8

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 394 Thiel Street, London, East H

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 394 Thiel Street, London, East H

Summarized Description

  • Legal triplex with three rental units.
  • Annual income of $76,800+ with 7% ROI.
  • Fully renovated with updated washrooms and flooring.
  • Centrally located near Fanshawe College.
  • Large asphalt driveway for six vehicles.
  • New coin laundry and security system.
  • Tenants pay their own hydro with separate meters.

Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London. All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return, Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway, can hold 6 Vehicles easily. NEW COIN LAUNDRY, SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return, Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3, Some units have Microwave. Coin Laundry on the Main Floor

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,381
Land Transfer Tax Fee
$14,473

Rental Items

Rental Equipment
None

Basement Type
Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Countertop Range, Floor Drain, On Demand Water Heater, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Water Meter
View
Garden, Panoramic, Trees/Woods
Security Features
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Heat Detector, Security System, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio, Privacy, Porch
Pool
None
Property Features
Arts Centre, Library, Park, Public Transit, School, Hospital
Accessibility Features
32 Inch Min Doors, Fire Escape, Level Entrance, Level Within Dwelling, Lever Door Handles, Parking
Other Structures
Fence - Partial

Building

Building Type
Multiplex
Building Style
3-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick, Concrete Poured
Roof
Asphalt Shingle, Unknown
Foundation Details
Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete
Special Designation
Unknown

Lot

Lot Front
60.07 ft
Lot Depth
117.30 ft
Lot Size
0.189
Lot Shape
Irregular

Inclusions

Inclusions
All Appliances in the three units ie Fridge (3), Stove -3, Some units have Microwave. CoinLaundry on the Main Floor

Exclusions

Exclusions
None

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
7
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
8
Washrooms
3
Kitchens
3

Room sizes

  • Bedroom—
    Ground level
  • Bedroom—
    Ground level
  • Kitchen—
  • Family Room—
    Second level
  • Bedroom—
  • Bedroom—
  • Bedroom—
  • Kitchen—
  • Bedroom—
    Third level
  • Bedroom—
  • Bedroom—

Washrooms

  • 4-piece, Ground
  • 4-piece, Second
  • 4-piece, Third

Municipality
London
Neighbourhood
East H
Main cross streets
Dundas & Second St
Zoning
R2-3
Directions
Dundas at Second st.
Waterfront
None

MLS® number
X12869698
Data source
Toronto Regional Real Estate Board
Listed on
2026-03-11
Updated on
2026-09-17
Days on market
230 days
Possession date
2026-04-01
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
STREETCITY REALTY INC.

Home Market Value

Current home valuation for 394 Thiel Street, London, East H, London, ON. Listed for $899,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 394 Thiel Street, London, East H

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,900 over $500K

Minimum down payment

$64,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,368$25,107$21,418$0
=Total mortgage
$867,575$835,017$786,333$719,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,236monthly$4,077monthly$3,839monthly$3,515monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,473

Total Land Transfer Tax

$14,473

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