431 ALBERT STREET
London and St. Thomas · N7G1W8
$699,900
About this residence
This fourplex presents an excellent investment opportunity. The property boasts ample parking for both guests and tenants, and the lot may have potential for future development. Situated on almost three-fourths of an acre, three of the four units are currently occupied by long-term tenants, creating a stable income stream. Consider finishing the unoccupied loft unit and living there, covering your expenses with the income from the other three units. This is an ideal chance for those looking to expand their portfolio of income properties. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Fourplex
- Bedrooms
- 3 (3 above)
- Bathrooms
- 3
- Storeys
- 2
- Living area
- 2,500–3,000 sq ft
- Lot size
- 17 x 193 FT
- Frontage
- 17 feet
- Parking
- 15 spaces
- Fireplace
- 3
- Annual tax
- $3,600
- MLS®
- X12492024
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Oct 30, 2025
- Updated
- Dec 19, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Ground level | 3.6 × 4.5 m |
| Kitchen | Second level | 4.2 × 3 m |
| Bathroom | Second level | — |
| Other | Second level | — |
| Bathroom | Second level | 2.1 × 1.5 m |
| Living room | Second level | 6.9 × 5.8 m |
| Family room | Ground level | 4.8 × 4.5 m |
| Kitchen | Ground level | 2.7 × 3 m |
| Bathroom | Ground level | 3.06 × 2 m |
| Primary Bedroom | Ground level | 3.6 × 2.4 m |
| Family room | Ground level | 5.8 × 4.8 m |
| Kitchen | Ground level | 2.4 × 1.8 m |
| Bathroom | Ground level | — |
| Primary Bedroom | Second level | 4.8 × 3.3 m |
| Living room | Second level | 4.2 × 3.3 m |
Features & finishes
Appliances
- Water meter
Heating
- Other
Basement
- Partial
- Separate entrance
Exterior
- Vinyl siding
Foundation
- Brick
Parking
- No Garage
Lot
- Irregular lot size
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$3,273/mo
Loan amount
$559,920
Down payment
$139,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N7G- 19,921
- Population
- 44
- Median age
- $85,000
- Median income
- $500,000
- Median home value
- 75%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 431 ALBERT STREET?
431 ALBERT STREET is listed for $699,900, in London and St. Thomas.
How many bedrooms and bathrooms does 431 ALBERT STREET have?
It offers 3 bedrooms and 3 bathrooms.
What type of home is 431 ALBERT STREET?
431 ALBERT STREET is a Multi-family, Fourplex set over 2 storeys.
How large is 431 ALBERT STREET?
The home offers approximately 2,500–3,000 sq ft of living space on a lot measuring 17 x 193 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,273. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,600 per year.
Is there parking?
Yes — 431 ALBERT STREET includes 15 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 19,921, a median age of 44, a 75% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $85,000.
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