LiveMLS X12922618Buy & hold

367 PRINCESS AVENUE · Multi-family

London East, ON · Multi-family · 3 units

$1,260,000listed

Workable offer

RentCapPrice/door

Locked, not loading — the underwrite opens with a trial or an account.

Score

DSCR

Cash to close

All-in with reserves

Sign in for the underwriteA licensed broker reads it and replies by email, usually within a business day.View on Realtor.ca

What this listing is

367 PRINCESS AVENUE is a 3-unit multi-family in London East, ON, asking $1,260,000 — $420,000 per door.

At 3 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Asking price: $1,260,000
Units: 3 units
Property type: Multi-family
Location: London East, ON
Price per door: $420,000

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.