Size
-
Lot size
2178 sqft
Street frontage
-
Possession
2025-07-01
Price per sqft
$343 - $400
Taxes
$3,099 (2025)
Parking Type
-
Style
3-Storey
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Description
Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London.
Broker: A TEAM LONDON
MLS®#: X12075582
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3000-3500 sqft
Lot front:
66 Ft
Lot depth:
33 Ft
Listed on:
Apr 10, 2025
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Instant estimate:
orto view instant estimate
$65,117
lower than listed pricei
High
$1,207,688
Mid
$1,134,783
Low
$1,103,912