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45 Palace Street, London, Ontario N6B 3A6
  • 45 Palace Street, London, Ontario  N6B 3A6
  • 45 Palace Street, London, Ontario  N6B 3A6
  • 45 Palace Street, London, Ontario  N6B 3A6

45 Palace Street, London, Ontario N6B 3A6

$849,000

Listing ID: 40539267
  • 6Bedrooms
  • 6Bathrooms
  • 6Parking Space(s)
Property Type
Building Type
Porch
Storeys
2
Title
Freehold
Land Size

Description

6-Unit Property in Woodfield, London Investor's dream in Woodfield neighborhood! Discover a meticulously maintained 6-unit residential property in the heart of London, Ontario. This stately building is situated on a quiet street and offers an incredible opportunity for savvy investors. Property Highlights: Prime Location: Located in the historic Woodfield neighborhood, known for its charm and proximity to downtown London. Enjoy the perfect blend of tranquility and convenience, with local parks, shops, and dining options just moments away. Income Potential: With six units in total, this property presents a rare chance to invest in a stable building. Two fully renovated units feature upscale finishes, appealing to tenants with a taste for modern living. Tenant Stability: Four units are occupied by long-term tenants, ensuring consistent rental income from day one. This established tenant base provides an immediate return on investment. Ample Parking: The property offers dedicated parking for six vehicles, a valuable feature that tenants will appreciate. This convenience adds to the property's overall appeal. Architectural Charm: The building's stately exterior exudes classic elegance, setting it apart in the neighborhood and adding to its desirability. Investment Opportunity: This property is a smart addition to any investor's portfolio. The two fully renovated units command premium rents, and the potential for rent increases in the remaining units offers attractive long-term upside. Woodfield's reputation ensures a consistent demand for rental properties, making this an opportunity not to be missed. Don't miss out on this chance to own a prestigious property in the coveted Woodfield neighborhood. Contact us today to schedule a viewing and explore the potential of this remarkable investment opportunity. (id:41195)

Details

Appliances Included
Crushed stone driveway
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
6
Cooling
None
Exterior Finish
Brick, Vinyl siding
Foundation Type
Brick
Heating Fuel
Heating Type
Style
Water
Municipal water
Utility Sewer
Municipal sewage system
Flooring
Fireplace
Basement Development
Partial (Unfinished)
Bedrooms Above Grade
Listed by KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE

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SUTTON PREFERRED

SUTTON PREFERRED

181 COMMISSIONERS ROAD WEST, London ON N6J1X9

Office: (519) 438-2222
Fax: (519) 438-1886

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  • Always a pleasure to work with Joyce. This is the third we have used her services in selling and purchasing a home. Joyce is always very clear and concise with every detail along the way. The emails we receive about “next steps” are very helpful. Joyce is very professional and and fun with her sense of humour. Selling and buying a home is stressful, so Joyce makes us laugh – and that helps. Thanks Joyce!

    The Parsons

    The Parsons

  • Just a note to let you know how pleased we are with the service Ty offer as our real estate agent. It’s great to be kept informed as to what is happening in the current market and also changes that may affect our future decisions. Your newsletters and periodical calls certainly do keep us informed.
    Your efforts in marketing properties we have sold in the past have been efficient and quick, resulting in the price, financing and closing dates we wanted. Purchasing has been made very easy with you finding out our expectations and selecting properties that met those criterias without our having to look after house after house.”
    Jim Snider

    Jim Snider

  • Thank you for sharing this story.  It certainly gives a better insight into the importance of selecting a good (honest) realtor.
    Just so you know.  John and I feel we lucked out having you help us find a house.  And, still never hesitate to recommend you Ty to others.
    Hope you had a lovely Thanksgiving and best wishes for the upcoming seasons.
    Warm regards,
    Jeanette and John Morgan

    Jeanette and John Morgan

  • Joyce

    I wish to thank you and your Team for selling my home and finding my dream home!!  All of you worked so hard and kept my children included, an aspect that was important to me.

    I enjoy receiving the Real Estate information you send me periodically and staying in touch!

    If I know of anyone thinking of buying or selling, I will highly recommend your team!

    Doreen Sinclair
    St. Thomas Ontario

    Doreen Sinclair

  • Joyce, I appreciate all your updates.

    Despite the work, selling the condo has been a very rewarding experience.  The making money part is also great of course; our timing was good and your expertise and knowledge of the market was invaluable.

    We couldn’t have done it without you.  I really appreciate your organizational abilities and all the support you provided.

    Megan O’Hara
    Cowichan Bay BC

    Megan O'Hara

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45 Palace Street, London, Ontario N6B 3A6
$849,000
40539267
Subject Take a look at this property MLS Number# 40539267

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