Size
-
Lot size
502.79 sqm
Street frontage
N
Possession
-
Price per sqm
$2,993
Taxes
$2,001.8 (2023)
Parking Type
-
Style
1.5 Storey
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Description
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.
Broker: INITIA REAL ESTATE (ONTARIO) LTD
MLS®#: 40567732
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
1.5 Storey
MLS Size:
167 sqm
Lot front:
10.06 M
Lot depth:
49.99 M
Listed on:
Apr 4, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Flat | Living Room | Unknown | |
Flat | Dining Room | Unknown | |
Flat | Kitchen | Unknown | |
Flat | Bedroom Primary | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bedroom | Unknown | |
Flat | Bathroom | Unknown | |
Flat | Bathroom | Unknown | |
Flat | Recreation Room | Unknown | |
Flat | Storage | Unknown |
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
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