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

49 Paddington Avenue, London, Ontario N6J 2S5

$747,000

Listing ID: 40578169
  • 6Bedrooms
  • 3Bathrooms
  • 6Parking Space(s)
Property Type
Building Type
Shed, Porch
Storeys
2
Title
Freehold
Land Size

Description

Look no further than this fully renovated seperately metered Three Unit income property in Manor Park. This hidden gem works as an ideal seemless compliment to exisiting porfolios or as a fresh and friendly advent into the real estate investing world. This property has been creatively designed to keep all the living space of its units above grade; with all units being renovated and all major elements being replaced or upgraded recently; with bonus storage rented units below grade as an additional income stream. Located just West of Wortley Village and surounded by lovely nature spaces including Euston Park and The Coves; which offers an unexpected and welcome disconnect from the intense urban elements. This is perfectly complemented as it offers very close access to the major transportation routes for public transit and is situated near to shopping centres. This property now offers the option to have the upper one bed and one bath unit vacant at possession or the option to have the property come fully tenanted with a projected annual income of $55,000 makiing this property a prime candidate for a cash flowing asset; with over a 6% Cap Rate at asking. The newly renovated basement space allows for additional income with storage units and features new appliances including two washers and two dryers for usage between the tenants; a reflection almost all the properties applinces being recetly upgraded. (id:41195)

Details

Appliances Included
Shared Driveway
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
3
Cooling
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
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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  • Dear Michael,

    Thank you for finding this young family (that immigrated from South Africa) our home to start putting down roots in our new adventure!

    Thank you for all the hours and miles you put in to visit all the many houses we found to view. Thank you for answering our very many questions, not only about the houses but also about “how you do it in Canada”. Thank you for all the offers and reviewed offers you put together for us. And for your kindness in how you told us when they were not accepted. But thank you for encouraging us in our persistence, and going along with us in our final crazy find…and getting us our dream home!

    Nathan so enjoyed when “Michael is going to be there”. Thank you for your patience and care with him as well, making a tedious task for a toddler something fun to look forward to. We loved hearing about the fun you have with your granddaughter, as well as all the interesting sites you have seen in nature.

    Thank you to Roberta as well, for all the evenings and weekends that you were unable to be home with her.

    We appreciate all your advice and time. We wish you all the best in the future.

    God bless,

    Richard, Amy and Nathan

    Richard, Amy and Nathan

  • Thanks for the wisdom and experience Ty, you had to guide us into making a very attractive offer to get this house.

    Sutton Group Envelope Real Estate Brokerage Inc.London Ontario

    London

  • Janet & I would like to thank you Ty and your staff for your very professional and effective approach in selling our home.

    We were also very satisfied with how you listened to what we wanted to buy and then only took us to those homes which met our criteria.  This saved both our time and yours by not attending homes which we would immediately reject.  We really liked this attention to detail on your part.

    We will recommend you to friends and call you in 25 years for our next move (ha ha).

    Larry Brennan

    Larry Brennan

  • We are back in sunny Saskatchewan with a foot of snow to welcome us back…thankfully it hasn’t lasted too long! We just wanted to say how much we appreciate the time and effort you spent in helping us find our new home Ty. We are blown away by your incredible professionalism and the efficient team you work with. Thank you for making a rather overwhelming and stressful life event into a pleasant and enjoyable occasion. Looking forward to seeing you in June.

    Ranj and Kenneth

    Ranj and Kenneth

  • We are all very grateful to everyone at Envelope Real Estate for giving us one of the best Christmas gifts ever!! We are so relieved and thank all of you for never giving up!!! Ty you were amazing! We couldn’t have done it without your team Ty.

    Wishing all of you the very best of the holiday season. We are definitely going to enjoy our holidays thanks to you. We will tell everyone we know about your company and how terrific you have all been to work with!

    Michele, Kathy and Will

    Michele, Kathy and Will

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49 Paddington Avenue, London, Ontario N6J 2S5
$747,000
40578169
Subject Take a look at this property MLS Number# 40578169

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