$1,350,000^{FOR SALE}

Investment

Lot: 66 x 204.38 ftTotal Area: 3,000 ft²
2023 Taxes: $5,640.11

54 Stanley St
London, ON N6C 1B1 | South F | Middlesex

TURN KEY INVESTORS DREAM PROPERTY! This building has been FULLY RENOVATED including roof, electrical, 4 new furnaces,, A/C units, 4 kitchens, 4 bathrooms and more. Located just steps from Wortley Village & Downtown it is the prefect spot to rent to young professionals. All 4 units have 5 new appliances (including laundry) and are separately metered for electricity & gas. High end finishes include luxury vinyl plank flooring, quartz counter-tops, tiled showers, cabinetry. All units are currently rented. Rental licence will be issued by the City of London, shortly.

Extras

Second fire inspection booked to ensure compliance and rental licence will be issued.

Listed By	ROYAL LEPAGE TRILAND REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8434018
Last Updated	Jun 13, 2024

Property Summary

Property Type	Investment More like this: London Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	083240020
Legal Description	LT 11 , PL 365(4TH) ; PT LT 6 , E/S WHARNCLIFFE RO
Occupancy	Tenant
Possession Date	FLEXIBLE
Taxes (2023)	$5,640.11
Tax Type	Annual
Directions/Cross Streets	Wortley Rd, north, left on Stanley, unit on left
Neighbourhood	South F
Area	Middlesex

Price History

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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

Freestanding	Y
Bathrooms	4
Lot	66 x 204.38 ft
Total Area	3,000 ft²
Approximate Age	100+
Elevator	None
Air Conditioning	Y
Basement	Y
Garage Type	None
Parking Spaces	10
Heat Type	Gas Forced Air Closd
Financial Statement	Y
Net Income Before Debt	$82,200
Hydro Expense	$1,440
Water Expense	$2,280
Insurance Expense	$5,083
Management Expense	$5,045
Year Expenses	$2,024
Expenses Actual/Estimated	Act
Outside Storage	N
Area Influences	Public Transit
Sewers	Sanitary
Utilities	Y
Water	Municipal
UFFI	No
Clear Height	6 feet
Crane	N
Survey	N
Lot/Bldg/Unit Code	Building
Zoning	R3-2
Seller Property Info Statement	N

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54 Stanley St, London, ON N6C 1B1

Investment

54 Stanley St London, ON N6C 1B1 | South F | Middlesex

54 Stanley St
London, ON N6C 1B1 | South F | Middlesex