Find Your DREAM HOME

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)

• 6
• 3
• 0

• Favorite

This lovely well maintained yellow brick home is a legal fully licensed duplex centrally located on the edge of OEV and Woodfield. There has rarely been a vacancy. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Lots of parking in rear. Separately metered and tenants pay utilities. Recent upgrades (all done in 2023) include flooring throughout, painted, new exterior stairs and deck, kitchens have been refreshed (cabinets and faucets). Basement stairs have been capped and stabilized in 2023. Property is being sold fully furnished excluding tenants belongings. Combined rents $3945/month leased until Dec 2024 (upper), and March 2025 (main). (id:41195)

• 3
• 2
• 0

• Favorite

LOOK NO FURTHER, You have landed on a great investment Property located only 2.2 kms to the centre of The University of Western Ontario and a mintue drive. This terrific location is surrounded by 100’s of amenities incl restaurants, personal service stores, medical offices & Cherryhill Village Mall is a 6 min bus ride. This 5 bedroom & 2 bath Brick Bungalow is set upon a 115 ft x 50 ft fully landscaped lot with single detached garage & 3 private parking spaces. Once inside you will appreciate how well maintained this home has been. The upper layout includes the Open Concept living, dining rooms & kitchen. Two bedrooms and 4 piece bath on the main level. The lower-level features 3 bedrooms, huge, shared laundry room and a 3 piece bath. The previous owners updated the following; Onyx Black shingles installed in 2016, soffits and fascia New furnace 2015, 22 insulation into the attic, Armour stone retaining wall, slate covered patio pavers, updated bathrooms, (vanities, tub, shower, toilets, fixtures, hardware & ventilation) 2 new exterior doors /sills. This property has been professionally leased by Exclusive Rentals from May1st/2024 until April 30th /2025 for $4125 per month PLUS utilities (heat, hydro, and water are the responsibility of the tenants ) Call directly for the leases & any other details. . Possession is flexible. (id:41195)

• 5
• 2
• 0

• Favorite

This is a true gem you need to see to appreciate. Fully renovated from top to bottom with all required permits and inspections completed, this home showcases top-quality materials and workmanship. It features a main unit with 4 bedrooms and 2.5 bathrooms, alongside a legal second suite that includes 1 bedroom and 1 bathroom. Both units have their own kitchens and separate laundry facilities. The main floor boasts an open style design, complete with quartz countertops and backsplash in the kitchen. A breakfast island with a waterfall counter, stylish cabinets, and hardware elevate the space. The second floor offers a versatile layout, allowing for either 4 bedrooms or 3 bedrooms plus a large master suite complete with a work-from-home office and an ensuite bath. A separate side entrance leads to a bright and spacious basement suite, perfect for extra rental income. This property is ideal for homeowners seeking a mortgage helper or investors looking to rent out both units. It comes equipped with all brand new stainless steel appliances and enjoys an unbeatable location. Just steps from bus stops, Sherwood Forest Mall, and both elementary and high schools, and minutes away from Western University, University Hospital, and more. The 60x152 lot offers huge potential for future developments or expansions. (id:41195)

• 5
• 4
• 0

• Favorite

Discover an exceptional turnkey investment opportunity! This property features two residences, each with independent living spaces complete with a cozy living area, a fully equipped kitchen, a modern bathroom, convenient in-suite laundry facilities, and two inviting bedrooms. Ample parking, a fenced yard, and a multi-level deck off the upper floor, enhance the appeal. Current tenants are eager to stay, are paying market rents, which offers immediate rental income. This dwelling also has an up-to-date city Rental License. Don't miss this chance for a legal and lucrative rental investment in a prime location! (id:41195)

• 4
• 2
• 0

• Favorite

Wonderful opportunity in the heart of Old North! This owner occupied duplex is perfect to continue with the current set up or add additional residential units for extra income or easily convert to a single family living. The main floor owner occupied suite offers two bedroom, two bathroom owner, compact updated kitchen, main floor laundry, a wonderful formal living room with gas fireplace and spacious dining room. The main floor family has a second gas fireplace and wonderful windows overlooking the garden. An added bonus is the fabulous screened-in sun porch. The second floor unit offers two bedrooms, one bathroom, ensuite laundry and a private sundeck. The property has two hydro meters, two water meters and two separate hot water heaters. The lower level has potential for another unit with great ceiling height and a separate exterior entrance. Abundance of parking with front and rear drives plus a double car garage. This area is sought after with its desirable location close to downtown, UWO, walking distance to St. Joseph Health Centre, and some fantastic downtown amenities including Victoria Park and award winning restaurants and night life. (id:41195)

• 3
• 2
• 0

• Favorite

Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from the upper units. 3 units have been recently renovated from top to bottom allowing you to receive market rents while you renovate others. There is significant upside to be had! A lot of expensive updates have been done already including a brand new roof and sheeting, ductless heat/AC in renovated units, new kitchens with stainless steel appliances, new bathrooms, LVP flooring and extensive brick work. 7 panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (1 vacant, 2 tenanted). Gas expenses can be reduced or eliminated with adding ductless heat/AC to unrenovated units. Priced to sell! (id:41195)

• 6
• 6
• 0

• Favorite

Welcome to this charming four-plex nestled in the heart of Mitchell. Boasting a diverse range of units including one bachelor unit, two 2-bedroom units, and one 3-bedroom unit, this property offers flexibility and opportunity for various living arrangements. Recently upgraded with all-new windows, six entrance doors, a new water line, and a new sewer line, the building ensures both comfort and functionality for its occupants. Additionally, each unit features separately metered hydro and new separate gas meters, allowing for convenient utility management. Beyond its current configuration, this property presents the enticing option of easily converting into a stunning single-family home, catering to individual preferences and lifestyle needs. With its blend of modern amenities and potential for customization, this four-plex epitomizes versatility and promises a cozy and adaptable living space for its future residents. (id:41195)

• 7
• 4
• 0

• Favorite

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. (id:41195)

• 7
• 5
• 0

• Favorite

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! (id:41195)

• 5
• 4
• 0

• Favorite

TURNKEY TRIPLEX IN SMALL TOWN with rental apartment shortage. If you are looking for a great property with a cap rate of 4.7% as listed, bringing in a Gross Yearly of $49,680 ($4,140 monthly) you found it! #1 HUGE Main floor + basement unit 2 bedroom $1850 bills included, #2 SPACIOUS Upper unit 1 bedroom $640 plus 30% bills (excellent long term tenant), #3 Fully Renovated with Permit - Upper unit 2 bedroom $1650 bills included. This is a well kept property offering low cap ex with new furnace(2022), roof(2019 steel, 2023 flat) and fully renovated upper unit with great layout. All tenants are fantastic and ample parking at the back. If you are curious about investments OR want a retirement fund in a stable little town with excellent tenants waiting in the wings, this may be your opportunity! (id:41195)

• 5
• 3
• 0

• Favorite

Welcome to 140 Central Ave in the heart of downtown London! This property offers not one, but two delightful units. The main floor unit consists of a 1 bedroom and 1 bathroom. The living room could easily be converted to a 2nd bedroom with the addition of a wall and door for added income. The upper unit is a spacious 2 bedroom, 2 bathroom unit. The large kitchen’s are perfect for hosting gatherings with friends and family. Investors will rejoice at the prospect of owning this gem, as it has a proven track record of being consistently easy to rent. The location itself guarantees a high demand from tenants who desire the excitement and convenience of downtown living. But it doesn't end there – step outside into the vast backyard, a rare find in the heart of the city. This expansive outdoor space offers endless possibilities for relaxation, entertaining, and creating cherished memories. Convenience is at its finest with Victoria Park just a short walk away, providing an oasis of greenery and a hub for cultural events. Not to mention, you're surrounded by a plethora of bars, restaurants, and shopping options, making every day an opportunity for new experiences and delights. Whether you're an astute investor looking for a lucrative opportunity or a homebuyer yearning for the perfect blend of urban living and serenity, this duplex property has it all. Don't miss the chance to own a slice of downtown London's finest – seize this remarkable opportunity now! (id:41195)

• 4
• 2
• 0

• Favorite