Size
-
Lot size
464.52 sqm
Street frontage
E
Possession
Flexible
Price per sqm
$3,113 - $4,165
Taxes
$2,658.58 (2024)
Parking Type
Detached Garage
Style
2-Storey
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Description
This investment property is located in the heart of London, offering a mix of six well-maintained apartments: four one-bedroom units and two studios. Four of the units are currently occupied by long-term tenants, providing immediate rental income, while two recently renovated units remain vacant, offering potential for higher returns. The property boasts an estimated net income of approximately $31,000 per year. Its central location offers excellent connectivity to public transit, with easy access to all local amenities, ensuring strong demand for both current and future tenants.
EXTRAS: Monthly rent income: #1(1bdrm/2nd floor) =$666; #2 (1bdrm/ground) =$692; #3 (studio/ground) =$615; #4 vacant (1 bdrm/basement) potential income $1200; #5 vacant (1bdrm/ground floor) potential income $1500; #6 (studio/2nd floor) =$617
EXTRAS: Monthly rent income: #1(1bdrm/2nd floor) =$666; #2 (1bdrm/ground) =$692; #3 (studio/ground) =$615; #4 vacant (1 bdrm/basement) potential income $1200; #5 vacant (1bdrm/ground floor) potential income $1500; #6 (studio/2nd floor) =$617
Broker: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®#: X10440638
Property details
Parking:
7
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
139-186 sqm
Lot front:
12.19 M
Lot depth:
38.1 M
Listed on:
Nov 21, 2024
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Instant estimate:
orto view instant estimate
$50,646
lower than listed pricei
High
$562,299
Mid
$528,354
Low
$513,981
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