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49 Paddington Avenue, London, Ontario N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5
  • 49 Paddington Avenue, London, Ontario  N6J 2S5

49 Paddington Avenue, London, Ontario N6J 2S5

$727,727

Listing ID: 40305927
  • 6Bedrooms
  • 3Bathrooms
  • 7Parking Space(s)
Property Type
Building Type
Shed, Porch
Storeys
2
Title
Freehold
Land Size

Description

Nestled in desirable West Manor Park sits this fully renovated Three Unit building, that wil be rented for appoximately $5,085/month ($61,020 /year; with option to rent portion of basement as contractor storage for approximately$200/ mo bringing the monthly income to $5285 and annual income to $63,420) to great tenants with experienced turnkey property management that wishes to stay on at 8% management fee. All three units are very spacious (a 3 bedroom, 2 bedroom & 1 bedroom unit) and are tastefully appointed fully-above grade (no basement apartments)! This property includes four hydro meters, one for each unit plus one for common elements. Full basement for laundry & storage (with option for seperate area for owner storage). The Manor Park neighborhood is a beautiful hidden gem in London with walking trails, friendly neighbors and everything within walking distance! Ample parking, on-site laundry, a private outdoor space (a mini oasis with a hot tub included with the sale of the property), and updated elements inside and out. Located just West of Wortley Village and surrounded by lovely nature spaces 49 Paddington Avenue delivers on many levels. All important elements are newly renovated - New roof completed in 2022 along with new windows, vinyl siding, eavestroughs, luxury vinyl plank flooring, driveway, paint, heating, bathrooms & kitchens, plumbing lines & drains, electric, new main water meter & line, fence, deck, hydraulic cement waterproofing, and driveway among others with too much to list! All three units are rented at market rent. This turnkey three unit property offers a superb place to call home and offset your expenses as an owner/occupy opportunity. Equally enticing is the prospect of securing this homestead as a high performing income property; ideal to compliment existing portfolios or as a great ease of entry as a first investment. Taking offers anytime! (id:41195)

Details

Appliances Included
Park/reserve, Shared Driveway
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
3
Cooling
Window air conditioner
Exterior Finish
Concrete, Vinyl siding, Shingles
Foundation Type
Block
Heating Fuel
Heating Type
Baseboard heaters
Style
Triplex
Water
Municipal water
Utility Sewer
Municipal sewage system
Flooring
Fireplace
Other - See remarks
Basement Development
Partial (Unfinished)
Bedrooms Above Grade
Listed by EXP 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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  • Joyce, I just wanted to say “thank you” for your excellent service.

    You and your team prepared me for what to expect in the selling process and how to get ready for showings. You are friendly, knowledgeable and professional!

    In summary, my hopes for the sale of my property were exceeded beyond my wildest expectations!! I would refer anyone selling their property to you and your team.

    Patricia Moulton

    Patricia Moulton

  • “Selling your home can be such a stressful experience…especially during a pandemic! But Joyce walked us through every step of the process.

    Her sales plan was much more extensive than what other agents offered.

    Her advice was always timely and upfront. I will be recommending Joyce Byrne to anyone I know looking to sell their home…she was terrific.

    We felt that we were in very good hands.”

    Kim and Chris Southern

    Kim and Chris

  • This was my fourth time purchasing a home and was my best experience by far! Sheri went beyond my expectations in terms of how quickly she responded each and every time. It was quick, it was painless, and her friendly personality made it pleasant the whole way through! Would strongly recommend using Team Beckett – Wayne

    Wayne

  • Working with Sheri and Terry Beckett at Sutton Group Preferred Realty was one the best decisions we ever made. As first time home sellers we were unsure of our homes value or how the value could be determined. Sheri and Terry showed us the homes that sold in our area and suggested the best price for listing our home. We got an offer for asking on the first day and the Beckett team walked us through the selling process every step of the way. Sheri and Terry were available and happy to answer our questions quickly on efficiently. The whole process from offer to closing went through seamlessly. We could not have been happier with their assistance and look forward to working with them again in the future. – Leah & Shaun

    Leah & Shaun

  • 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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49 Paddington Avenue, London, Ontario N6J 2S5
$727,727
40305927
Subject Take a look at this property MLS Number# 40305927

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