512-514 Waterloo Street, London, ON, N6B 2P7

$1,599,900

MLS® # 40549676

Investment For Sale In Central London, London, Ontario

$1,599,900

Property Information:

Prestigious century home comprised of 4 refined apt suites admired in this coveted Woodfield neighbourhood for it’s stately semicircular arches & arcades, hipped roof dormers, stone banding, steep gable roof & massive prominent Romanesque architecture. Step through into the enchanting embrace of this beloved heritage home beginning with the allure of the grand foyer that guides you into the home’s storied spaces. High ceilings bestow an air of grandeur and the house echoes of historic charm that resonates throughout yet is modern updates; steel roof, most windows updated, central air, ductless cooling. Each suite has in-suite laundry, private entry from exterior & personal outdoor spaces. The owners reside in the largest suite1800 sqft. The estimated gross income/yr, 4units $138,312.00. Cap 7.1 based on net $$113,734.02. Occupy one & lease 3 suites or lease all 4; either way you will own a prestigious century home with A+ location walkable to Richmond Row boutiques & proven tenancy.

Inclusions: Other,4 Refrigerators, 4 Stoves, 4 Washer/Dryer Sets, 2 Dishwashers, Furnishings 514 Upper, Furnishings In 512 Main,Shed.

Exclusions : Tenants Belongings In 514 Main Lvl Unit, Owners Belongings In 512 Upper

Building Features:

  • Floor Space: 4770 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Built in: 1898
  • Construction Materials: Stone, Other
  • Cooling: Central Air, Ductless
  • Driveway Parking: Lane/Alley Parking, Outside/Surface/Open
  • Exterior Features: Balcony, Private Entrance
  • Floor Space (approx): 4770 Square Feet
  • Heating: Fireplace(s), Forced Air, Natural Gas, Radiator
  • Laundry Features: In-Suite
  • Lot Depth: 120.54 Feet
  • Lot Features: Rectangular, City Lot, Hospital, Park, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 49.93 Feet
  • Other Structures: Shed(s)
  • Roof: Metal
  • Water Source: Municipal
  • Window Features: Skylight(s)
  • Zoning: R3-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: SUTTON GROUP - SELECT REALTY INC., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
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

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