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$699,900
Status: For Sale
Multi-Unit Investment Opportunity in London, Ontario. Discover this prime investment opportunity: a fully tenanted 5-unit building offering consistent rental income with a gross rent of $77,528.64 annually, making it an excellent addition to any investor's portfolio. Five Separate Hydro Meters and plenty of parking for all the tenants. Enjoy immediate cash flow at market rents with reliable, established tenants in place. Situated by Victoria hospital, close to amenities, schools, public transportation, and major thoroughfares. This is an exceptional opportunity for investors seeking stable income and growth potential in one of Ontario's most promising real estate markets. Don't miss out on this turnkey property!
| Property Type | :Residential |
|---|---|
| MLS Number | :X12018952 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :14 Mar, 2025 (12 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | :
N5Z 3J8
|
| Price | : $699,900 |
|---|---|
| Property Taxes | :$3681.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :4 + 2 |
|---|---|
| No. of Rooms | :8 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Cross Street | :TERRACE STREET |
| Bathrooms | :5 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :6 |
| Basement | :Finished |
| Garage | :None |
|---|---|
| Laundry Level | :Lower |
14 Mar, 2025
TREB #X12018952
Listed
$699,900
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