193 CLARENCE STREET is a 3-unit triplex in London East, ON, asking $529,900 — $176,633 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
$529,900
Units
3 units
Property type
Triplex
Location
London East, ON
Price per door
$176,633
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.
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Verdict
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Cash to close
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