162 Mount Pleasant Ave
North N, London North
$999,900
Buy with Dwelly and Save $9,999
Home Details
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Listing Description
Exceptional turn-key investment opportunity in a prime London location near both Downtown and Western University.This fully renovated triplex generates $91,800 in annual income with a net operating income of $74,648, reflecting a strong 7.5% cap rate.The property features three self-contained units: a 5-bedroom, 2.5-bath student rental (Unit A); a 1-bedroom, 1-bath lower-level unit rented to a professional couple (Unit B); and a vacant, detached 2-bedroom, 1-bath dwelling with private garage and workshop (Unit C), ideal for an owner occupier or to lease at top market rent.The units have been recently updated with modern finishes and functional layouts. Major mechanical upgrades include a new furnace, water heater, and air conditioner in Unit C (2024), and a new air conditioner for the main house (2025).Each unit has its own private yard, and the property sits on a large lot with ample parking and outdoor space. A rare opportunity to acquire a stabilized, low-maintenance asset with strong cash flow and future upside.
3x Fridge, 3x Stove, 3x Dishwasher, 2x Washing Machine, 2x Dryer, 2x Water Heater, 2x AC, 2x Furnace
City: London North
Neighborhood: North N
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 3, 2025 | 5 | $999,900 | N/A | New | X12378664 |
Rooms
Room dimensions for 162 Mount Pleasant Ave, London North
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 162 Mount Pleasant Ave is 5278
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $999900 |
| Down Payment | $199980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $799920 |
Monthly Payment
| Mortgage Payment | $4929 |
| Property Taxes | $349 |
| Maintenance Fees | $0 |
| Monthly Payment | $5278 |
About 162 Mount Pleasant Ave, London North
Located at 162 Mount Pleasant Ave , this London North house is available for sale. This property was listed for $999,900 on Wed Sep 03 2025. This house's size is 1500-2000 Sqft. It has 7 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 162 Mount Pleasant Ave, London North is situated in the North N neighbourhood.
MLS#: X12377928 · $999,900 · 7 bedroom house in North N, London North