Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000. Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month. Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month. One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss!
PART LOTS 34 AND 35 BLOCK P, PLAN 352(3RD) AS IN 902266 LONDON
Occupancy
Own+Ten
Possession Date
Immediate
Taxes (2022)
$2,289.92
Assessment (2021)
$161,000
Directions/Cross Streets
From Quebec, Turn Onto Elias. On The Left-Hand Side.
Neighbourhood
East G
Area
Middlesex
Price History
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
Bathrooms
4
Lot
49.5 x 132 ft
Total Area
1,469 ft2
Air Conditioning
Central Air
Basement
Y
Garage Type
None
Parking Spaces
8
Heat Type
Forced Air
Area Influences
Public Transit, Rec Centre
Sewers
Sewers
Water
Municipal
Zoning
R3-2
Seller Property Info Statement
Y
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