625-627 Third St S, London MLS Number: X8481578
London, Middlesex, ON, N5V 2C1$3,750,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $21728.00 (Tax Year:2024)
- Listing Courtesy : Mysak Realty Inc.
Maximum 4 project can be compared at one go.
$3,750,000
Status: For Sale
8 unit 56 Bed student rental steps to Fanshawe College. Built in 1996. $69,642/Bed. Buildings in excellent condition. Gross Income $415,584. Aprox. 8.0% cap rate. Hydro paid by owner. Clean environmental 2014. With the infux of students coming to Ontario the properties rent roll will continue to grow. Current owners sign 1 year lease with each student. Coin operated Laundry in each suite.
Property Type | :Commercial |
---|---|
MLS Number | :X8481578 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :12 Aug, 2024 (105 Days ago) |
Source | :TRREB |
Area | :Middlesex |
---|---|
Postal Code | : N5V 2C1 |
Price | : $3,750,000 |
---|---|
Property Taxes | :$21728.00 |
Tax Year | :2024 |
---|
Cross Street | :Third And Oxford |
---|
26 Jun, 2024
TREB #X8481578
Available
$3750000.0
Sign in to view full price history of this property