$999,999

Investment For Sale In Central London, London, Ontario

$999,999

Property Information:

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. All 4 units currently rented, and with a property manager already in place, this is a turn-key rental property that will add considerable value to your current holdings or make a great first investment!

Inclusions: None,Rent For Each Unit: Unit 1- $2,050 (3 Bed), Unit 2- $1,500 (2 Bed), Unit 3- $544.50 (1 Bed), Unit 4- $1,800 (2 Bed). Current Property Manager In Place Charges 7% Of Monthly Rent.

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 3151 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Partial, Finished
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 3151 Square Feet
  • Heating: Baseboard, Electric
  • Laundry Features: In-Suite
  • Lot Depth: 132.58 Feet
  • Lot Features: Park, Place of Worship, Public Transit
  • Lot Frontage: 34.12 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: Residential
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: RIGHT AT HOME REALTY BROKERAGE

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved