Size
-
Lot size
754 sqm
Street frontage
W
Possession
Flexible
Price per sqm
-
Taxes
$4,120.49 (2023)
Parking Type
Detached Garage
Style
Bungalow
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Description
Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease.
EXTRAS:
EXTRAS:
Broker: A TEAM LONDON
MLS®#: X9297027
Property details
Parking:
8
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
-
Lot front:
17.07 M
Lot depth:
44.2 M
Listed on:
Sep 4, 2024
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Instant estimate:
orto view instant estimate
$57,589
lower than listed pricei
High
$1,214,742
Mid
$1,141,411
Low
$1,110,360
Included in Maintenance Fees
Air Conditioning