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$7,250,000
Status: For Sale
Triple ''A'' 23 unit building. Great location, renovations completed with high end finishes and quality work. Pride of ownership throughout this investment. 21 units completed as per interior photos, mix 9-1 bedrooms & 14-2 bedrooms. Always rented, with great tenants. Possibly the best renovated and maintained 23 unit building in London, Ontario. Great opportunity to own this worry free investment with value added. Do not disturb tenants or gain access to the building. ASSUMABLE C.M.H.C. FIRST MORTGAGE WITH FIRST NATIONAL 3,200,000 @ 2.88% MATURING SEPT/1/2029 WITH THE CURRENT MORTGAGE IT'S A 5.66 CAP RATE.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40565716 |
| Listing Type | :Sale |
| Property Age | :Unknown years |
| Possession Date | : |
| Last Updated | :20 Jun, 2024 (120 Days ago) |
| Source | :LSTAR |
| Area | :Middlesex |
|---|---|
| City | :London |
| Area Major | :South |
| Area Minor | :South O |
| Postal Code | : N6J 3C3 |
| Directions | :OFF SOUTHDALE ROAD BETWEEN WHARNCLIFFE AND WONDERLAND |
| Price | : $7,250,000 |
|---|---|
| Property Taxes | :$38660.88 |
| Tax Year | :2020 |
|---|
| Bedrooms | :37 + |
|---|---|
| Heating | :Gas Hot Water |
| Place of Worship | :No |
| Bathrooms | :23 |
|---|---|
| Approx Square Footage | :24864 sqft |
| Parking Space | :23 |
|---|
04 Apr, 2024
TREB #40565716
Listed
$7250000
