$799,900 FOR SALE

Investment

Lot: 36.4 x 83.44 ftTotal Area: 2,988 ft2
2024 Taxes: $5,529.54

423 Central Ave
London, ON N6B 2E4 | Middlesex

Legal 4-Plex!! Pride of ownership[ inside and outside. Updated throughout. 2017 metal roof/cement walkway and parking lot/updated electrical with 4 tenant panels/updated plumbing/windows/attic insulation. New furnace in 2018. Coin-op washer/dryer 3 yr old. Kitchens/bathrooms/appliances and flooring all updated. Quality investment property in great location. Unit 1-1 Bed at $1,210/month. Unit 2-1 Bed at $1,173.62/month. Unit 3-Bach at $990/month. Unit 4-Bach at $990/month plus approx. $125/month for laundry. Worry free investment with very little work. 24 hour notice a must for viewing.

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Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9283414
Last Updated Aug 30, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 082730031
Occupancy Tenant
Possession Date FLEXIBLE
Taxes (2024) $5,529.54
Tax Type Annual
Assessment (2023) $375,000
Directions/Cross Streets SOUTH SIDE OF CENTRAL AVE JUST EAST OF COLBORNE
Area Middlesex
Price History
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Detailed Information
Freestanding Y
Lot 36.4 x 83.44 ft
Total Area 2,988 ft2
Approximate Age 100+
Elevator None
Air Conditioning N
Basement Y
Chattels Y
Garage Type None
Parking Spaces 3
Heat Type Gas Forced Air Open
Financial Statement Y
Gross Income/Sales $53,923
Net Income Before Debt $42,714
Hydro Expense $2,165
Heat Expenses $1,715
Insurance Expense $1,800
Operating Expenses $11,210
Taxes Expense $5,530
Year Expenses $2,024
Expenses Actual/Estimated Act
Outside Storage N
Area Influences Public Transit
Soil Test N
Sprinklers Y
Sewers Sanitary
Utilities Y
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning R3-2
Seller Property Info Statement N

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