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
See what's nearby
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.
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
Level | Name | Size | Features |
---|---|---|---|
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 |
Show less
Instant estimate:
orto view instant estimate
$70,860
lower than listed pricei
High
$1,199,554
Mid
$1,127,140
Low
$1,096,478