3867 PETALPATH Way

London

3867 PETALPATH Way
3867 PETALPATH Way
3867 PETALPATH Way
+37
5+2
 bed
6
 bath
3
 parking
2500 - 3000
 sqft
Triplex
Sold conditional
Listed for 
$1,299,900
Sold conditional
42 days
 on site
Sold conditional
Listed for 
$1,299,900
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Size
-
Lot size
4515 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$433 - $520
Taxes
$7,441 (2024)
Parking Type
-
Style
3-Storey
See what's nearby
Description
INVESTORS DREAM PROPERTY! BRAND NEW! CITY OF LONDON APPROVED TRIPLEX! Possible 7%+ CAP RATE -estimated $90,000 in gross yearly income. RARE investment opportunity in the heart of a vibrant new subdivision! This immaculate Triplex boasts 4,022 SF of finished modern living space, designed for ultimate convenience and low maintenance living. Each unit within this triplex offers its own unique blend of comfort and style. The main floor suite features 2 bedrooms, 2 full baths, and seamless garage access for added convenience. On the upper level, you'll find 3 bedrooms, 2 full baths, and the cozy ambiance of an electric fireplace. Downstairs, the lower suite mirrors the main floor with 2 bedrooms, 2 full baths, and another inviting electric fireplace. With separate metering for gas and hydro for each unit, tenants enjoy autonomy over their utilities. Whether you're envisioning long-term tenants or exploring the lucrative realm of short-term rentals like Airbnb, this property is a true money maker. Inside each unit, in-suite laundry facilities ensure maximum convenience, while generously sized bedrooms provide ample space for relaxation. With a layout that allows the main floor and lower level to function as one large unit if desired, the possibilities are endless. Situated just moments away from the junction of highways 401 and 402, commuting is a breeze, making this property an ideal choice for tenants seeking accessibility. Plus, you're never far from everyday essentials with shopping, restaurants, banks, schools, and grocery stores all within easy reach. Whether you're an astute investor seeking a reliable income stream or an owner-occupier looking to offset mortgage costs by renting out additional units, this triplex offers the perfect blend of versatility and profitability. Don't miss out on this exceptional opportunity to secure your slice of real estate success! Schedule your viewing today.
Broker: CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.
MLS®#: X12034378
Property details
Parking:
3
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
2500-3000 sqft
Lot front:
34 Ft
Lot depth:
131 Ft
Listed on:
Mar 21, 2025
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About 3867 PETALPATH Way

3867 Petalpath Way is a London triplex which was for sale. It was listed at $1299900 in March 2025 but is no longer available and has been taken off the market (Sold Conditional) on 2nd of May 2025.. This 2500-3000 sqft triplex has 5+2 beds and 6 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.