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09 Dec, 2024
64 Duchess Ave, London, Ontario, South F
MLS Number: X9300237

64 Duchess Ave, London

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64 Duchess Ave, London MLS Number: X9300237

South F, London, Middlesex, ON, N6C 1N2

$1,499,900

Status: Sold on Dec 09, 2024

  • 7+ Beds
  • 5 Baths
  • Area : 3000-3500 sqft
  • Property Type: Residential (Multiplex)
  • Property Taxes : $6546.02 (Tax Year:2023)
  • Listing Courtesy : Keller Williams Lifestyles

64 Duchess Ave Property Description

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options.

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64 Duchess Ave Property Facts

Property Type :Residential
MLS Number :X9300237
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :09 Dec, 2024 (09 Dec, 2024)
Source :TRREB
Area :Middlesex
Postal Code : N6C 1N2

64 Duchess Ave Property Price & Tax Insights

Price : $1,499,900
Property Taxes :$6546.02
Tax Year :2023

64 Duchess Ave, London Property Details

Bedrooms :7 +
No. of Rooms :23
Air Conditioning :Other
Heating :Radiant
Place of Worship :No
Cross Street :Duchess Ave & Edward Street
Bathrooms :5
Fuel :Gas
Elevator :No
Approx Square Footage :3000-3500 sqft
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Exterior Information

Exterior Finish :Brick, Other
Parking Space :10
Basement :Full
Garage :None
Laundry Level :Lower
Park :Park
Library :Library

64 Duchess Ave, London - Price History

2024-12

09 Dec, 2024

TREB #X9300237

Sold

$1499900.0

$1335000.00

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