Listed by CENTURY 21 FIRST CANADIAN CORP.
East K, London East, ON N6B 2J8
From PropTx
$529,900
As listed by the seller and their brokerage. It is a request, not a valuation, and nothing tests it until an offer arrives.
From MyNest360
The tools we build on top of the listing, each figure sourced and none of it PropTx data: what the house really costs to hold, what it costs to borrow against, and the inspection to book before your conditions come off.
From PropTx
The price, facts, description and history exactly as the feed states them. Nothing in this section is our own estimate.
Counts and measurements as the listing states them, not verified by us. Source: PropTx
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
What comes from PropTx, and what is ours
The price, address, room and size figures, description and days on site are sourced from PropTx and can lag the live listing. The map placement and the cost, offer, insurance and rental tools below are our own work, not PropTx data. Anything we have modelled rather than sourced carries an Est. tag.
Last sold Sep 9, 2026 for $500,000. That is this house rather than a comparable, so none of the usual adjustments apply.
See the full price history2 events between May 28, 2026 and Sep 9, 2026.
Asking price moved from $535,000 on May 28, 2026 to $500,000 on Sep 9, 2026, a change of $35,000.
Attention Investors! Welcome to 193 Clarence Street, an exceptional, fully renovated, and cash-flowing triplex in London. This is the definition of a turn-key, zero-headache asset, perfectly suited for investors seeking predictable, low-maintenance returns, with AAA tenants.Financially, the property is optimized for success. Gross Annual Income is $47,184 with highly efficient operating costs. All units are separately metered for hydro, paid directly by the tenants, further protecting your NOI - which on this turnkey property, is $47,184, resulting in a staggering cap rate of 7.45%!What sets this property apart is its highly desirable and rare single-story layout. Featuring three 1-bedroom, 1-bathroom units situated entirely on the main floor (front, middle, and back), tenants enjoy tall ceilings and quiet living with zero footsteps above or below them.In 2020, this building was completely gutted to the studs and meticulously rebuilt, eliminating major future capital expenditures. The comprehensive exterior overhaul included a lifetime metal roof, new siding, eavestroughs, soffits, fascia, windows, and exterior doors. Behind the walls, the property boasts all-new electrical, updated plumbing, modern HVAC ductwork, and a new furnace. Efficiency was heavily prioritized with spray foam insulation in the basement, upgraded attic insulation, and dedicated sound-dampening insulation installed between every unit.Inside, the units are bright and modern, featuring new dry wall, trim, resilient flooring, updated kitchens, and contemporary bathrooms. To ensure low vacancy and attract quality tenants, each unit offers highly sought-after amenities: in-suite laundry, dishwashers, and one designated backyard parking spot per unit. With the heavy lifting completely done and professional-grade renovations throughout, this triplex is ready to cash flow from day one. Don't miss this rare opportunity to acquire a pristine, hassle-free addition to your portfolio!
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
On the record, and not one of the groups above.
1 years, from $4,024 in 2026 to $4,024 in 2026.
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Every home of this type in London East that has sold in the last 3 years.
Contact details for the listing agent are not shown: our current listing agreement licences them to registered users only.
Sourced from: PropTx. Last updated Aug 5, 2026.
From MyNest360
None of this is PropTx data. Each figure is our own and carries its source: the true cost to own, the mortgage studio, the inspection plan, and the rest.
Two figures stand against this house for two different purposes, the asking price and the assessment, so they do not agree and were never meant to. The gap is worked out here rather than left for you to hold in your head.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
At 20% down and 4.22% fixed, the all-in monthly cost works out to $2,774. Every line, the pool and the well included, plus the first-year total, is on the full breakdown.
At 20% or more there is no CMHC premium.
20% down · 4.22% indicative 5-yr fixed · The number of years the whole balance is paid off over. A longer amortization lowers the monthly payment and raises the total interest.. $4,024 for 2026, from the tax figure stated on the listing, divided by twelve. That is what the current owner pays, as the listing states it. That twelfth is the annual amount levelled across the year and not a payment you will make on any date. How a municipality actually collects it is set out in documents nobody here has read.; heat and utilities estimated. Figures illustrative.
Compare lenders and private optionsIt asks one question first: whether someone is already acting for you. That answer changes who books the visit and who is on your side inside the house.

Connect with Tara
Tara McCarthy
Broker, VP Ultra Luxury Division
Every question about this home reaches a licensed broker, not a form.

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Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.
Listed by CENTURY 21 FIRST CANADIAN CORP.

Listed by SUTTON GROUP - SELECT REALTY.
Listed by VISION NETWORK REAL ESTATE LTD.
Listed by LONDON LIVING REAL ESTATE LTD..

Listed by KELLER WILLIAMS LIFESTYLES.
Listed by KELLER WILLIAMS LIFESTYLES.
Listed by CENTURY 21 FIRST CANADIAN CORP.

Listed by SUTTON GROUP - SELECT REALTY.
Listed by VISION NETWORK REAL ESTATE LTD.
Listed by LONDON LIVING REAL ESTATE LTD..

Listed by KELLER WILLIAMS LIFESTYLES.
Listed by KELLER WILLIAMS LIFESTYLES.