Size
-
Lot size
346.99 sqm
Street frontage
N
Possession
Immediate
Price per sqm
-
Taxes
$4,295.83 (2023)
Parking Type
Carport
Style
Bungalow-Raised
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Description
354 Cheapside St is a prime investment opportunity in Old North, London. Just a short walk or bus ride to Western University and King's University College, and a 15-minute walk to downtown, this property is ideal for investors. This legal 7-bedroom house spans two levels with 4 full bathrooms, 2 kitchens, and 2 living rooms, offering functionality and space for Western students. The basement level has a separate entrance for added privacy. Professionally managed, all rooms are fully leased, providing a stable income. The property holds a City of London rental license and generates $61,680 in annual income. The raised brick bungalow has an updated metal roof, laminate and ceramic flooring, radiant in-floor heating throughout, and central air conditioning. Out front, the driveway and carport can accommodating up to 5 cars. This property presents an excellent opportunity to capitalize on London's rental market. Don't miss out on this turnkey investment schedule your private viewing today.
EXTRAS:
EXTRAS:
Broker: COLDWELL BANKER POWER REALTY
MLS®#: X8313186
Property details
Parking:
5
Parking type:
Carport
Property type:
Detached
Heating type:
Radiant
Style:
Bungalow-Raised
MLS Size:
-
Lot front:
11.89 M
Lot depth:
29.57 M
Listed on:
May 8, 2024
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