Find Your DREAM HOME
420 Egerton Street, London, N5W 3Z3
Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 8.47% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $1300/mo+ at todays interest rates. With an 12%+ Cash ROI and 20% ROI when factoring in principal repayment, this is a better return than both GICs and the stock market. With two spacious 2-bedroom units, a comfortable bachelor suite, and a rented garage space, this property is sure to exceed your investment expectations. The main 2-bedroom units is currently leased for $1,800 per month, while the bachelor suite commands a rental rate of $1,000 per month. The upper 2 bedroom unit is currently vacant and in the process of being leased for $1900/mo. Additionally, the garage space generates an extra $500 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, Western Fair complex, 100 Kellogg Lane, and public transportation, making it an attractive choice for prospective tenants. Don't miss out on this rare opportunity to secure a high-yield, income-generating duplex with immense potential for the future. Contact us today to schedule a viewing and take the first step toward growing your real estate investment portfolio. (id:41195)
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89 Gladstone Avenue, St. Thomas, N5R 2L9
Welcome to 89 Gladstone Ave! Situated in the incredible courthouse area of St.Thomas is this incredible redbrick duplex. With the newly renovated 3 bedroom unit providing$2,300/month, as well as a vacant one bedroom unit, this property is a perfect income generator for an investor, and an amazing opportunity for someone looking for a mortgage helper. Walking into this beautiful home, you will be instantly greeted by the stained glass to your left, bringing in the colourful sunlight to this super bright and airy home. As you walk through, you will notice nothing shy of recent upgrades, which includes the following: Fresh paint from 2023, Brand new vinyl flooring and carpet throughout, Brand new kitchen and bathroom, Newly owned furnace Dec 2019, 8 new north pole windows from April 2021, and all galvanized steel water pipe within the house has been completely upgraded to PEX pipe! The one bedroom unit is in great shape, with fresh paint all throughout from 2022. Stepping outside, you will also notice some upgrades around the exterior, with a new metal roof done in 2017, a new wooden fence 2023, fresh landscaping in the back, newly updated eavestrough and a new vinyl roof cover for the shed from 2021. St.Thomas, especially this location in particular will be a great investment over the coming years. If you are in the market for a property generating full market rent, or a place to live with rent covering a large portion of your mortgage, this is the one! (id:41195)
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140 Rectory Street, London, N5Z 2A3
Amazing triplex in the heart of London, close to Downtown & tons of amenities. This great investment opportunity offers ample parking, fenced backyard, separate hydro meters, separate entrances to each of the units and parking on both sides of the property. Unit 1 is a 1 bedroom + den and pays $745.94 monthly and is currently month to month. Unit 2 is a one bedroom + den that pays $783.00 monthly and is month to month. Unit 3 is a two bedroom that pays $1750.00 monthly and is currently leased until January 2025. None of the units are in the basement! Zoning permits an ADU, providing even greater potential and revenue opportunities. This property is a great addition to your existing portfolio or for someone looking to purchase their first investment property. Don't wait; check out this amazing opportunity today! (id:41195)
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514-516 Philip Street, London, N6B 1A2
This duplex is located on a quiet dead end street close to downtown, and many amenities. Divided into 2 units, Unit 514 is the smaller unit, and it features 1 bedroom, 1 bathroom, and is currently rented month to month for $1,150 inclusive. The larger unit, Unit 516, features 3 bedrooms, 1.5 bathrooms, and is a 2 floor unit currently rented month to month for $1,500 inclusive. Both units have separate access to shared laundry in the basement. Both units underwent renovations fairly recently. Other updates include: furnace, roof, windows and concrete front step, exterior siding, and fence in the backyard. The shared driveway leads to parking in the back. A great opportunity for someone looking to get into the property market, or add to their portfolio. (id:41195)
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