45 Palace Street

London

45 Palace Street
45 Palace Street
45 Palace Street
1/3
6
 bed
6
 bath
6
 parking
3596 - 3596
 sqft
For Sale
Loading
93 days
 on site
Loading
$849,000
Click to open the pre-gallery to get the direction
Size
-
Lot size
688.6 sqm
Street frontage
W
Possession
-
Price per sqm
$2,542
Taxes
$7,977.97 (2023)
Parking Type
-
Style
-
See what's nearby
Description
6-Unit Property in Woodfield, London Investor's dream in Woodfield neighborhood! Discover a meticulously maintained 6-unit residential property in the heart of London, Ontario. This stately building is situated on a quiet street and offers an incredible opportunity for savvy investors. Property Highlights: Prime Location: Located in the historic Woodfield neighborhood, known for its charm and proximity to downtown London. Enjoy the perfect blend of tranquility and convenience, with local parks, shops, and dining options just moments away. Income Potential: With six units in total, this property presents a rare chance to invest in a stable building. Two fully renovated units feature upscale finishes, appealing to tenants with a taste for modern living. Tenant Stability: Four units are occupied by long-term tenants, ensuring consistent rental income from day one. This established tenant base provides an immediate return on investment. Ample Parking: The property offers dedicated parking for six vehicles, a valuable feature that tenants will appreciate. This convenience adds to the property's overall appeal. Architectural Charm: The building's stately exterior exudes classic elegance, setting it apart in the neighborhood and adding to its desirability. Investment Opportunity: This property is a smart addition to any investor's portfolio. The two fully renovated units command premium rents, and the potential for rent increases in the remaining units offers attractive long-term upside. Woodfield's reputation ensures a consistent demand for rental properties, making this an opportunity not to be missed. Don't miss out on this chance to own a prestigious property in the coveted Woodfield neighborhood. Contact us today to schedule a viewing and explore the potential of this remarkable investment opportunity.
Broker: KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE
MLS®#: 40539267
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Electric,
Style:
-
MLS Size:
334 sqm
Lot front:
15.24 M
Lot depth:
45.11 M
Listed on:
Feb 12, 2024
Show all details
853 Waterloo Street
Create an account
$999,999
Sign up
 or 
Log in
  to view
853 Waterloo Street
Create an account
$999,999
Sign up
 or 
Log in
  to view
873 Waterloo Street
Create an account
$999,999
Sign up
 or 
Log in
  to view
354 Cheapside Street
Create an account
$999,999
Sign up
 or 
Log in
  to view
Lorna Bursey
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40539267
Listed by KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE

About 45 Palace Street

45 Palace Street is a London multiplex for sale. 45 Palace Street has an asking price of $849000, and has been on the market since February 2024. This multiplex has 6 beds, 6 bathrooms and is 3596-3596 Squa.

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.

© 2024 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.