Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
33 x 164 ft
Amenities Nearby
Public Transit
Equipment
Water Heater - Gas
Listing Contract Date
2024-04-05
Location Description
Glebe
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Single Family
Rental Equipment
Water Heater - Gas
Structures
Porch, Shed
Transaction Type
For sale
Zoning Description
R8-4
Building
Amenities
Fireplace(s)
Appliances
Dryer, Refrigerator, Stove, Washer
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fireplace Present
Yes
# of Fireplaces
1
Flooring Type
Laminate
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
4.3 m x 2.7 m
Bedroom 2
Second level
3.8 m x 3 m
Bedroom 3
Second level
3.2 m x 2.4 m
Recreational, Games room
Lower level
5.4 m x 3.2 m
Utility room
Lower level
5 m x 2 m
Living room
Main level
3.7 m x 3.7 m
Dining room
Main level
4.1 m x 3.1 m
Kitchen
Main level
3.5 m x 2.8 m
Utilities
Type
Description
Cable
Available
Sewer
Installed
Land
Total Size
33 x 164 FT
Amenities
Public Transit
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
33 x 164 FT
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