- Bedrooms
- 8
- Bathrooms
- 3
- Size
- 2,500–3,000sq ft
- Per sq ft
- $327at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $5,3812025 tax year
- Built
- 51-99
- Parking
- 7none
- Days on market
- Members
The brief
About 394 Thiel St
394 Thiel St is an 8-bedroom, 3-bathroom triplex in East H, London East, listed for sale at an asking price of $899,900 (MLS® X12869698).
Legal TRIPLEX. Annual Income $74,352++ ROI 7%++Spacious TWO 3 bedroom units + 1 2 Bedroom unit, updated new Washrooms, New Flooring &Freshly painted. The property is on a quiet street and is centrally located, close to Fanshawe College and Downtown London . All Brick Triplex Building. Shopping plazas and restaurants nearby. Public transport at the door. NEW COIN LAUNDRY ,SECURITY SYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. AGREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building! This Three Unit Residential Rental/Income Property is located on a huge lot size that has a large asphalt Driveway , can hold 6 Vehicles easily. NEW COIN LAUNDRY , SECURITYSYSTEM, CONTROLLED ENTRY, NEW BOILER, TENANTS PAY THEIR OWN HYDRO, SEPARATE METERS. A GREAT Rate of Return , Solid Building fully renovated in 2023-2024. All Brick Triplex Building. All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. Coin Laundry on the Main Floor
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,381 / 2025
- MLS® number
- X12869698
- Board
- TRREB MLS®
- Property Type
- Triplex
- Building Age
- 51-99
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 60.07 x 117.3 ft
- Listed on
- Parking
- None, 7 Parking
Property details
Property
- Property Type
- Triplex
- Style
- 3-Storey
- Community
- East H
- Municipality
- London East
Building
- Size
- 2500-3000 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 8
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Ground, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Finished
- Kitchens
- 3
Parking
- Driveway
- Pvt Double, Available, Lane, Reserved/Assigned
- Garage Type
- None
- Additional Parking
- 7
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 60.07 ft
- Depth
- 117.3 ft
- Lot Size
- 60.07 x 117.3 ft
Additional
- Foundation
- Concrete, Brick, Perimeter Wall, Steel Frame, Poured Concrete
- Roof
- Asphalt Shingle, Unknown
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All Appliances in the three units ie Fridge (3), Stove -3 , Some units have Microwave. CoinLaundry on the Main Floor
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 3.58 × 4.27 m | — | Ground |
| Br | 3.58 × 4.27 m | — | Ground |
| Kitchen | 3.48 × 3.65 m | — | — |
| Family | 5.18 × 6.09 m | — | 2nd |
| Br | 3.58 × 4.27 m | — | — |
| Br | 3.58 × 4.27 m | — | — |
| Br | 3.65 × 3.65 m | — | — |
| Kitchen | 3.58 × 3.75 m | — | — |
| Br | 3.58 × 4.27 m | — | 3rd |
| Br | 3.58 × 4.27 m | — | — |
| Br | 3.65 × 3.75 m | — | — |
Listing history
Buy/sell history for 394 Thiel St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $899,900 | N/A | Pc | X12869698 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $179,980
- Total mortgage amount
- $719,920
- Total interest payment
- $511,880
- Total purchase cost
- $1,411,780
- Mortgage payment
- $4,106/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$4,554- Rent $0
- Shortfall $4,554
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $14,473
- Total land transfer tax
- $14,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $899,900
- $9,998
- Ontario total
- $14,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Prince Charles Public SchoolThames Valley DSB | Public · grades JK–8 | 750 m | 29%Grade 6 average |
| St Pius X Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 750 m | 55%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 1.2 km | 92%Grade 6 average |
| Princess AnneFrench Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 1.2 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Clarke Road Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.4 km | 45%Grade 9 math |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.9 km | 44%Grade 9 math |
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3.5 km | — |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 4 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in East H are shown to signed-in members.