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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X12869698For SaleTriplex

394 Thiel St

East H, London East, Ontario N5W 4P8

Map
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394 Thiel St, London East, photo 1
Asking$899,900
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

    Good

    2 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
Listing brokerage: RIGHT AT HOME REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

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

RoomSizeFeaturesLevel
Br3.58 × 4.27 m—Ground
Br3.58 × 4.27 m—Ground
Kitchen3.48 × 3.65 m——
Family5.18 × 6.09 m—2nd
Br3.58 × 4.27 m——
Br3.58 × 4.27 m——
Br3.65 × 3.65 m——
Kitchen3.58 × 3.75 m——
Br3.58 × 4.27 m—3rd
Br3.58 × 4.27 m——
Br3.65 × 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$899,900N/APcX12869698

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $179,980

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
−$4,554per month
  • 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

ElementaryTypeDistanceEQAO average 2024–25
Prince Charles Public SchoolThames Valley DSBPublic · grades JK–8750 m29%Grade 6 average
St Pius X Separate SchoolLondon District Catholic School BoardCatholic · grades JK–8750 m55%Grade 6 average
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–61.2 km92%Grade 6 average
Princess AnneFrench Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion1.2 km81%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Clarke Road Secondary SchoolThames Valley DSBPublic · grades 9–121.4 km45%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–121.9 km44%Grade 9 math
B Davison Secondary School Secondary SchoolThames Valley DSBPublic · grades 9–123.5 km—
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–124 km57%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.

Email Kassaundra Dobson, Broker of Record