159 St James St

London

159 St James St
159 St James St
159 St James St
+37
5+2
 bed
6
 bath
9
 parking
2500 - 3000
 sqft
Multiplex
$1,198,000
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$1,198,000
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Size
-
Lot size
539.58 sqm
Street frontage
S
Possession
Flexible
Price per sqm
$4,294 - $5,164
Taxes
$8,738.17 (2024)
Parking Type
Garage
Style
2-Storey
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Description
Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area!

EXTRAS: Please see Sales Brochure URL for more photos and floor plans with all room measurements.
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X10432559
Property details
Parking:
9
Parking type:
Garage
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
232-279 sqm
Lot front:
20.12 M
Lot depth:
26.82 M
Listed on:
Nov 21, 2024
Show all details
Rooms
LevelNameSizeFeatures
Main
Living
1.2 x 1.6 m
Main
Kitchen
1.2 x 2.1 m
Main
Br
1.3 x 1.5 m
Main
Family
1.5 x 2.7 m
2nd
Kitchen
0.8 x 0.8 m
2nd
Breakfast
1.1 x 1.3 m
2nd
Br
1.2 x 0.8 m
3rd
Br
1.1 x 1.1 m
3rd
Br
1.1 x 0.8 m
3rd
Br
1.5 x 1.4 m
3rd
Laundry
0.6 x 1.0 m
Bsmt
Kitchen
1.4 x 1.2 m
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Instant estimate:
orto view instant estimate
$70,860
lower than listed price
i
High
$1,199,554
Mid
$1,127,140
Low
$1,096,478
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Deddy Setton
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X10432559
Listed by CENTURY 21 FIRST CANADIAN CORP

About 159 St James St

159 St James St is a London multiplex for sale right off From Richmond St (North of Oxford St E) turn West on St James St.. It has been listed at $1198000 since November 2024. This 2500-3000 sqft multiplex has 5+2 beds and 6 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.