Prime Location Triplex in London, Ontario - Ideal Investment Opportunity: Welcome to this well-maintained triplex in the heart of London, Ontario, offering three separate units including a 1-bedroom apartment, 2-bedroom apartment and 3-bedroom apartments. Situated in a prime location with consistent high rental demand and walkable distance to downtown, this property presents an excellent income-generating opportunity. Features include modern amenities, strong occupancy rates, and proximity to schools, parks, and amenities. Don't miss out on adding this lucrative investment to your portfolio - schedule a viewing today! (id:41195)
Located in the historic Woodfield District just on the edge of downtown London you are close to all major amenities and along major transport routes heading in all directions. Both units feature high quality, neutral tone finishes, and the exterior has been wrapped in a beautiful blue vinyl siding with white and wood accents. This property is what investing dreams are made of, built in 2020 this property features 2 units. Main floor unit is will be vacant June 1st, 2024 and currently leased out for $2500 per month with potential to increase to $3000 and the second floor unit is currently on lease for $2400 (rental increase to $2500 starting September 1st 2024) with potential to increase to $2800 once vacant. (id:41195)
Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.2 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe! (id:41195)
Investors alert! Located in prime rental area in East London close to bus route to Fanshawe College. Main floor large 2 bedroom with some hardwood flooring, upper level contains 2 one bedroom units with some hardwood flooring and lower level 2 bedroom unit. Well maintained with updates including new 200 amp hydro panel, newer windows, doors and shingles. Large workshop/storage building once a garage, could be converted back. Ample parking & coin operated washer and dryer. (id:41195)
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