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Last Updated : 4 Days ago
504 English St, London, Ontario, East G
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504 English St, London MLS Number: X9012717

East G, London, Middlesex, ON, N5W 3T8

$1,500,000

Status: For Sale

  • 9+ Beds
  • 6 Baths
  • Area : 3500-5000 sqft
  • Property Type: Residential (Multiplex)
  • Property Taxes : $8664.71 (Tax Year:2023)
  • Listing Courtesy : Maverick Real Estate Inc.

504 English St Property Description

Situated east of the downtown core in the vibrant ''Old East'' neighborhood, this 4-plex presents an exceptional opportunity to expand your investment portfolio. Built in 2021, this newer construction property offers modern amenities and attractive features designed to appeal to both tenants and investors. No expense was spared in this development, entire building is spray foam insulated for optimal energy efficiency. Concreate driveway for long term durability, heritage wood windows in front and initial side, & fiberglass for remainder. High-pitched roof not only enhances the building's architectural appeal but also offers practical benefits in terms of interior space (9 ft ceilings) and weather resistance. The main floor consists of two 2-bedroom, 2-bathroom units, while upstairs has two 3-bedroom, 1-bathroom units. Each unit is tastefully finished with vinyl plank flooring and quartz countertops, energy-efficient appliances and its their own washer and dryer, ensuring convenience for all tenants. Ample parking for up to 5 vehicles at the rear of the property provides convenient off-street parking for tenants as well. Ideally located within walking distance to amenities, including a park across the street. This property is a prime addition to any investment portfolio, offering attractive rental returns with all units currently occupied by A++ tenants. Newer building constructed after 2019, which means no rental cap restrictions and potential for excellent rental income. A true 5.85% cap rate for a new construction built to the nine's. Get ahead of the interest rate cycle before the cap rates go back down to 4-4.5%!

504 English St Property Facts

Property Type :Residential
Area :3500-5000 sqft
MLS Number :X9012717
Listing Type :Sale
Possession Date :
know more link icon
Last Updated :04 Jul, 2024 (4 Days ago)
Property Age :0-5 years
Area :Middlesex
Postal Code : N5W 3T8
property detail community link icon
Source :TRREB

504 English St Property Price & Tax Insights

Price :$1,500,000
Property Taxes :$8664.71
Tax Year :2023

Property Details for 504 English St, Middlesex, Ontario

Bedrooms :9 +
No. of Rooms :22
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Cross Street :LORNE AVE
Bathrooms :6
Fuel :Gas
Approx Square Footage :3500-5000 sqft

Exterior Information

Exterior Finish :Brick
Internet :Yes
Parking Space :0
Basement :None
Garage :None
Laundry Level :Main

Other Property Details for 504 English St, Middlesex, Ontario

Public Transit :No
School :No

504 English St, Middlesex - Price History

2024-07

04 Jul, 2024

TREB #X9012717

Listed

$1500000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
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FAQs: 504 English St, Middlesex

  • Q:What is the Area Size of the 504 English St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 3500-5000 sq. ft and is strategically located in Middlesex. The MLS No of this project is X9012717 and the Project is located in Ontario, Canada
  • Q: Does this Project 504 English St available for Sale ?

    A: The project 504 English St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 504 English St is Offering?

    A:Square Yards is giving a Cashback of $7,500 if you buy this property from us, however there are several key features offered by the 504 English St. You get 9+ Beds with 6 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 504 English St?

    A: 504 English St in Middlesex offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 504 English St, Middlesex?

    A: 504 English St, Middlesex comes with 9+ Beds for maximum convenience and space. There are 6 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Middlesex, On?

    A:Middlesex, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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