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. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment!
Extras
Rent for each unit: Unit 1- Rented in the past for $2,050 (3 bed), Unit 2- Rented for $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.
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
S
Link
N
Special Designations
Unknown
Bedrooms
6+2
Bathrooms
4
Rooms
16+2
Kitchens
4
Lot
34.12 x 132.58 ft
Approximate Square Footage
3000-3500
Exterior
Brick
Air Conditioning
None
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Finished, Part Bsmt
Drive
Pvt Double
Garage Spaces
0.0
Garage Type
None
Parking Spaces
4
Total Parking Spaces
4.0
Heat Source
Electric
Heat Type
Baseboard
Sewers
Sewers
Water
Municipal
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Living
Main
4.99 m x 3.72 m(16.37 ft x 12.2 ft)
Br
Main
3.96 m x 3.74 m(12.99 ft x 12.27 ft)
Dining
Main
2.39 m x 2.39 m(7.84 ft x 7.84 ft)
Kitchen
Main
3.08 m x 3.44 m(10.1 ft x 11.29 ft)
2nd Br
Bsmt
3.1 m x 5.11 m(10.17 ft x 16.77 ft)
3rd Br
Bsmt
3.44 m x 5.1 m(11.29 ft x 16.73 ft)
Kitchen
Main
3.31 m x 3.37 m(10.86 ft x 11.06 ft)
Living
Main
3.3 m x 4.94 m(10.83 ft x 16.21 ft)
Dining
Main
3.21 m x 3.74 m(10.53 ft x 12.27 ft)
Br
Main
2.72 m x 3.54 m(8.92 ft x 11.61 ft)
2nd Br
Main
4.45 m x 3.09 m(14.6 ft x 10.14 ft)
Br
2nd
3.25 m x 3.76 m(10.66 ft x 12.34 ft)
Bathrooms
Pieces
Level
4
Main
4
Main
4
2nd
4
2nd
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