Attention investors! This 11 unit building with all one beds and 11 parking spaces is a great addition to your portfolio. Financials available on request. Tenants pay electricity. Boiler system. Current Net operating income of $90,489.86. (id:41195)
Attentions investors! This 12 unit building (11 x 2 bedroom units, 1 x 1 bedroom apartment) is a great addition to your portfolio. Financials available on request. Tenants pay electricity. Brand new Boiler system. Current Net operating income of $142,417.67. (id:41195)
20 Units plus 12 storage units with Net Operating Income of 214,973.33. This outstanding turnkey operation comprises three buildings, featuring a total of 20 individual dwellings, including 16 two-bedroom units and 4 one-bedroom units. Additionally, there are 12 individual storage units available. What sets this property apart is its inclusion of a dedicated laundry facility and maintenance shed, as well as ample space and approval for future development possibilities of 16 more units! All units are designed for convenience, offering main floor exterior access to each dwelling. This design not only attracts long-term residents but also provides a hassle-free living experience. The buildings are constructed with sturdy all-brick exteriors and durable asphalt shingled roofs, making them an ideal choice for investors seeking to minimize maintenance and repair costs. There is also a promising opportunity to increase revenue through tenant turnover and by introducing pay-per-use laundry facilities. This aesthetically pleasing apartment complex is certain to leave a lasting impression on potential investors. (id:41195)
Stunning property steps from St. Joes Hospital and minutes from University Hospital. Fully renovated VACANT duplex with many outside entertaining areas for both units with each having their own private driveway. Exterior updates include new windows and doors, new decking and fencing, new staircase to upper unit with privacy panels and seating area, new interlocking stone sitting areas as well as new hard board on the kitchen and garage that has hydro as well as new garage door. The main floor features a spectacular kitchen with a centre island that comfortably sits 8, quartz and granite tops, soft close cabinetry, large pantry, wine bar area, charging station built into cabinetry, vaulted ceiling, exposed brick and 2 outside accesses to a private deck and a private interlocking stone patio directly from the kitchen which is fabulous for entertaining. The covered wrap around front porch is a great space to sit while watching storms pass by. Not only does the main floor have 2 beds, 2 baths (ensuite with double sinks, centre cabinetry and a glass walk-in shower), it showcases original hardwood flooring with modern finishes such as pot lighting, ceiling fans, original glass pocket door, original marble around the master fireplace, original entry fixture and main floor laundry. The upper unit also has its own laundry, 2 bedrooms, eat-in kitchen and exposed brick in the large master. The main floor unit has been rented as an Executive furnished short term rental for $3,650 while upstairs market rents suggest $2,400-$2,600. This home is designated Heritage and is just a beauty to look at. Very private outside spaces with all the conveniences within walking distance. A few different options are available - add this home to your portfolio with a cap rate of around 6%, rent one of the units to help pay your mortgage should you wish to live here or convert it back to a single family home. This home does not disappoint!! (id:41195)
Rare opportunity to own within the city! 14,000 sq.ft. industrial warehouse on just under an acre. CONCEPT FOR 38 UNIT BUILDING. Solid steel framed building with 27' clear height throughout, Current zoning allows for LI8 light industrial or R5-3. Site plan concentration completed with city support. (id:41195)
“This book can be judged by it’s cover.” Both outside and inside this handsome triplex exudes pride of ownership. From the moment you enter the foyer of the main floor owner occupied unit you are visually entertained by exposed brick and mirrored walls, California shutters, décor colours and oodles of natural light. The master bedroom is spacious and has a walk-in closet and ensuite. There is a secondary bedroom and another full bath. The living area has a wonderful flow that makes entertaining friends and family seamless. The country styled kitchen is accented with Florentine patterned tile counter tops, a gas stove top and a centre island for gourmet preparations. Guests can cozy up to the counter top bar area and sip a glass of wine and enjoy the buzz of the kitchen. There is a charming den area tucked in beside the kitchen perfect for bird watching or just enjoying your morning “wake up” coffee. Access from the kitchen to the walled outdoor area makes summertime entertaining a breeze. The walled outdoor patio area and the enchanting side garden is your private oasis nestled amongst the historic properties of the desirable Woodfield neighbourhood. Two other executive rental units provide a steady stream of income to make this upscale, downtown living very attractive. Added features include a covered front porch, ample front parking on Wellington, a double car garage with loft storage and even more parking off Hyman. There is a downstairs office, two piece bathroom, wine closet, utility room and bedroom area that add extra living space for the owner occupied unit or potential for an in home business and/or another rental unit. Whether you are looking for an owner occupied income property or a stand alone income investment: 626 Wellington Street will satisfy the most discerning buyer. (id:41195)
Fully renovated licensed legal duplex located in desirable steps to restaurants, parks, trails and walking distance to downtown London. This purpose-built duplex is a Landlord’s dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\6 parking spaces located on site. The main floor unit has been fully renovated and is leased on month to month basis and can be vacant as of July 1, 2024, allowing the new Buyer to set their own rents Current market rents for this unit is $3200 plus utilities. Downstairs is vacant and conservative rents per room at $800 + utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:41195)
Turn-key investment opportunity in fully rented 2/1/2 -storey brick building. Located on Wharncliffe Road North within walking distance to Western University, Downtown, Bus Transit routes and walkable Black Friars neighbourhood along the Thames River. 4 units featuring a single Bachelor unit, two 2-bedroom units and one 5-bedroom unit, . Owned forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,025.00. Utilities included in Rents. 3 Hydro Meters. (id:41195)
TREMENDOUS INVESTMENT OPPORTUNITY See redevelopment and intensification minutes in documents tab. Opportunity to severe the property with future sewer and water coming. Highly Desirable Kilworth neighborhood. This spacious side-split 3 unit multi-residential in desirable Kilworth sits on a prime half acre corner lot. Completely renovated to the studs, unit 1 is open concept 2 bedroom with oversized foyer, living, dining, 3 piece bathroom, large rec room, separate laundry and all new appliances leased for $1800 plus 50% utilities. Unit 2 is a bachelor unit loft completely renovated with separate entrance, all new 4 pieces stainless steel appliances, separate 3 piece bathroom with tiled shower, separate laundry, ductless split, and deck rented for $1300/month + 25% utilities. 3. 1 bedroom ground floor unit completely renovated with separate entrance, separate laundry and all new stainless steel appliances, separate 3 piece bathroom with tiled shower, separate laundry, ductless split, rented for $1200/month + 25% utilities. All new 200 amp electrical, furnace , plumbing, roof shingles, flooring, paint, lighting, appliances. This beautiful 1/2 acre lot has room for a pool and offers a large shed for storage and 3rd oversized garage for a workshop. Here's your chance to get into home ownership and subsidize your mortgage with rental income or purchase an investment property with great tenants. Turnkey. AA Tenants. (id:41195)
EXCELLENT APARTMENT BUILDING ON THE EDGE OF OLD NORTH. 6 UNIT BUILDING CONSISTING OF 5 TWO BEDROOM APARTMENTS AND ONE, ONE BEDROOM. COMPLETELY RENOVATED TO DRYWALL AND FLOOR TO CEILING. LUXURY CONTEMPORARY KITCHENS WITH QUARTZ COUNTERTOPS, DISHWASHER AND STAINLESS APPLIANCES. LUXURY BATHROOMS WITH FULL BATHTUBS AND VANITIES WITH QUARTZ COUNTERTOPS. HIGH END LIGHT FIXTURES, TILE AND FLOORING THROUGHOUT SUITES AND COMMON AREAS. ELECTRIC FIREPLACES IN ALL UNITS. CONTROLLED ENTRY WITH VIDEO DOORBELLS PER SUITE. NEW ELECTRICAL, PLUMBING, AND HIGH EFFICIENCYBOILER SYSTEM. NEW HIGH EFFICIENCY WINDOWS THROUGHOUT. NEW SIDEWALKS AND ASPHALT PARKING LOT AND DRIVEWAY. ANNUAL INCOME OF APPROXIMATELY $130,160. SITE PLAN AND BUILDING PERMIT APPROVED FOR A NEW ADJACENT BUILDING FOR 9 TWO BEDROOM UNITS WITH INSUITE LAUNDRY AND JULIET BALCONIES. THE BUILDING WILL BE 3 FLOORS, WITH 3 UNITS PER FLOOR, RAISED 2 STOREY BUILDING WITH TOTAL SQ. FEET OF APPROX. 6,000. BUILD THE BUILDING AND HAVE APPROX. $11,000. IN INCOME COMING IN EACH MONTH WHILE YOU BUILD IT. FINAL PROJECTED COMPLETION VALUE OF $5,700,000. (id:41195)
Incredible Opportunity! This low maintenance, cash flowing, purpose- built fourplex in Simcoe is an amazing buy! Great addition to your investment portfolio with a 7.3 cap rate bringing in over $72,000 in rental income with low expenses. This building has an extensive list of recent updates: Eavestrough (2020), windows (2021), updated unit renovations with quality finishes (2020-2023), Ductless mini split heat pump/ACs (2019), Furnaces (2020). Fully rented to high-quality A+ tenants that pay their own utilities. Each unit has their own laundry, parking spot, separate entry, hydro and water meter. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great investment opportunity, act quick! Can be purchased together with 85 Kent. (id:41195)
Incredible Opportunity! This turn-key, low maintenance, cash flowing Fourplex located in great location in Simcoe with a 7 cap rate bringing in an annual $72,000. Offering a well maintained 4 unit building situated on a double lot with lots of parking. Fully rented to high-quality A+ tenants with spacious units and each unit has it's own hydro meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. Many upgrades including roof (2020), electrical (2019), plumbing (2017). Additional income with coin- op laundry. Located in the heart of Simcoe close to all amenities including the Norfolk Golf Club and Port Dover. Don't miss out on this great investment opportunity, act quick! Can be purchased together with 72 Kent. (id:41195)
Calling all investors! You can't miss this rare opportunity to own 3 separate buildings on 2 parcels of land, 8 units in total. LARGE potential for value add, create more units as well as further development. Close to Fanshawe College, Argyle Mall and quick access to the 401 highway making these units attractive to a wide demographic. Huge parking lot enough to accommodate all tenants with room for visitors.$89,599 current rental income. Potential income as much as $122,000. SELLER WILLING TO ENTERTAIN VTB!! (id:41195)
Unique chance to own a luxurious residence with a shop, plus four 2-bedroom/1-bathroom apartments in a prime location just a short walk to the downtown. The house boasts 9-foot ceilings, radiant in-floor heating, large windows, an airy open-concept layout with a stunning kitchen that overlooks the family room, dining area, and living space. The primary bedroom is generously sized with a spacious ensuite bathroom and walk-in closet, alongside a second bedroom equipped with a Murphy bed. There's also a double garage and a 24x44 shop with 12' door suitable for a motor home or a workshop. Additionally, the property includes numerous accessibility features. The house itself spans around 2000 square feet, though please note that the stove is currently non-functional. (id:41195)
Rare Opportunity in Historic Wortley Village! Nestled amidst the charming streets of London, this enchanting 8-unit building emerges onto the market for the first time in nearly four decades. Steeped in heritage and character, each unit exudes timeless elegance, offe5ring a blend of modern comfort and historic charm. Boasting a prime location in one of London's most coveted neighbourhoods, residents will relish in the vibrant community atmosphere, with quaint shops, cafes, and parks just moments away. Investors, don't hesitate on this once in a lifetime chance to own a piece of London's past and future. (id:41195)
This property will be a great addition to any investment portfolio or a smart start to building a portfolio. Well maintained, purpose built 4 plex in quiet neighbourhood. Tenants pay heat, hydro and water. Great location, close to Tim Hortons, walking trail, shopping and parks. Some long term tenants. Large paved parking lot. Storage for each unit. (id:41195)
Here is a great addition to your investment portfolio. First time on the market, this purpose built 8 plex has been exceptionally well maintained. 8 - 2 bedroom/1 bath units. Common coin-operated laundry. Windows replaced in past 5-7 years. Newer shingles on part of roof. 6 units have been renovated. Many long term tenants. Ideal location close to walking path and parks, Tim Horton's and easy access to downtown or out of town. Window a/c for 7 units owned by Landlord. (id:41195)
Experience the essence of multi-generational living in Old South London, Ontario. This legal and licensed 2.5-storey duplex blends heritage charm with modern comfort, perfect for families of all ages. Each unit is separately metered for gas and hydro and has a total of 5 parking spots. Discover two well-designed living spaces, offering privacy and functionality. Enjoy cozy living areas and stylish kitchens for family gatherings. Unit 1 offers an open concept with 2 bed, 1.5 bath lots of natural light throughout, living room with gas fireplace. Unit 2 offers an updated 2 bed, 2 bath with awesome loft room. Bright and spacious with a gas fireplace and separate outdoor deck overlooking mature trees. Located in Old South, enjoy nearby shops, eateries, and parks, fostering a vibrant community. Embrace a lifestyle where heritage meets modern living. Come home to this duplex for a multi-generational experience like no other. (id:41195)
Located at the corner of Queens and Waterloo Street, this 2 story red brick residence has been licensed since 1997 as an informal care residential facility. It consists of 10 bedrooms offering single and double occupancy Currently, there are 16 residents. Full kitchen and 3 bathrooms. Gross annual income of $182,400.00. Summary of income and expenses in documents tab. Expense items clarified: staffing-55,480.00, food costs-13,325.00, boulevard parking-5,500.00. Seller to offer seven days of training after the sale closes. On site parking for 5 vehicles. This is a well-established business opportunity for a savvy entrepreneur. Property also listed as a rooming house or student rental. See MLS # 40578829 for details. (id:41195)
Investors, take note! This centrally located 3-storey building features two 2-bedroom units and two 1-bedroom units including a loft-style apartment. Conveniently situated just minutes from downtown, restaurants, trails, a direct bus to Western Campus and more! It also offers a detached garage that can be rented, ample parking and shared coin laundry facilities. Don't miss this fantastic opportunity to start or expand your investment portfolio! (id:41195)
Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey! (id:41195)
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)
Opportunity to acquire property with substantial leverage potential. Unique 28 spacious 1-bedroom units, in 2 story walk-up apartment complex. 186 Queen Street Sarnia is a short walk to Sarnia's beautiful waterfront, close to public transit and a walkability score over 70. 14 units renovated top to bottom with quality finishes! Currently one vacancy being updated. Rental features include on-site laundry, 32 surface parking and storage units for Tenants. All units accessed from an exterior door onto verandas or common areas. Recent improvements include building exterior repainting, electrical work, gas fired boiler system 2022, updated fire alarm 2024 and partial window replacements. With many renovations already completed, this represents an opportunity to increase returns on this solid investment. (id:41195)
2-Family Forest Oasis - 5min From Beach. Imagine owning a house you can't wait to come home to. This sliver of heaven has one-of-a-kind nature views out every window. Lush green gardens pull you outside from the open concept, custom designed, two-family residence. Spectacular sunsets bid you goodnight from the multi-tiered cedar deck kissed up next to an Amore Maple. The hug of two towering Silver Maples provides ample shade for front-yard family fun. Too hot? Cool off in the saltwater pool nestled in a backyard oasis framed in glass. 4 separate outside spaces allows for togetherness or privacy–the best of multi-family living. New driveway has parking for 8; large country lot accommodates many more. 3 BDRM main residence is a 5 level, side split with 2.5 baths, bright solid surface kitchen for easy meal prep and entertaining. The secondary residence is no mere granny suite, boasting grand windows, full ensuite–designed with mobility in mind. Large shop holds all your beach-ready toys. (id:41195)
Welcome to this Lake Huron prime property, featuring 3 cottages. Enjoy a superior beachfront with shallow water and stunning sunrise and sunset views. A new 50' steel seawall, with a concrete patio. The main bungalow boasts 4 bedrms, 2 bathrms, and an open-concept kitchen/dining/ living area with a spectacular view of the lake. Each of the two seasonal cottages has 2 bedrms, a 3-piece bathrm, and a combined kitchen/ living space. All units are freshly painted, well-designed, entirely furnished, and have newer metal roofs. The 500-square-foot garage offers additional space, with an extra laundry & storage area. The 510-foot deep lot provides ample parking, a gazebo, picnic tables & playground and is bordered by mature trees to the south and a beautiful sandy beach to the north. Situated just 20 mins from Grand Bend/Forest and close to Sarnia and London, this retreat is ideal for making family memories and ‘ready-to-go’ investment in lakefront living. (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)
Triple A 23 unit building. Great location, renovations completed with high end finishes and quality work. Pride of ownership throughout this investment. 21 units completed as per interior photos, mix 9-1 bedrooms & 14-2 bedrooms. Always rented, with great tenants. Possibly the best renovated and maintained 23 unit building in London, Ontario. Great opportunity to own this worry free investment with value added. Do not disturb tenants or gain access to the building. ASSUMABLE C.M.H.C. FIRST MORTGAGE WITH FIRST NATIONAL 3,200,000 @ 2.88% MATURING SEPT/1/2029 WITH THE CURRENT MORTGAGE IT'S A 5.66 CAP RATE. (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)
Looking for an ideal investment opportunity? Welcome to 181 McKellar & 212 King St. in the quaint town of Glencoe, a 40 minute drive to London offering many amenities like LCBO, Via Rail, Tim Hortons & No Frills. The property offers two separate one floor 4-plex brick buildings offering a total of 8 units currently all rented month-to-month. The units have 2 bedrooms, 4pc bathrooms, exterior front door access, natural light, access to common area/interior hallway with coin laundry & a community yard with walkway. Other features include asphalt parking, storage shed & gas boiler system. With an increased need for housing & a strong & growing rental market, this property would be a great addition your investment portfolio! (id:41195)
Prestigious century home comprised of 4 refined apt suites admired in this coveted Woodfield neighbourhood for it’s stately semicircular arches & arcades, hipped roof dormers, stone banding, steep gable roof & massive prominent Romanesque architecture. Step through into the enchanting embrace of this beloved heritage home beginning with the allure of the grand foyer that guides you into the home’s storied spaces. High ceilings bestow an air of grandeur and the house echoes of historic charm that resonates throughout yet is modern updates; steel roof, most windows updated, central air, ductless cooling. Each suite has in-suite laundry, private entry from exterior & personal outdoor spaces. The owners reside in the largest suite1800 sqft. The estimated gross income/yr, 4units $138,312.00. Cap 7.1 based on net $$113,734.02. Occupy one & lease 3 suites or lease all 4; either way you will own a prestigious century home with A+ location walkable to Richmond Row boutiques & proven tenancy. (id:41195)
Welcome to this impeccably maintained, purpose-built duplex in Glen Cairn, with the potential for a 3rd dwelling. The exterior is well-kept and offers multiple parking spaces, and a detached garage. The 3-bedroom main floor unit features original hardwood flooring, and plenty of space for owner-occupied living, or great rental potential for a family. The 2nd floor is a mirror image of the main floor, and also includes a 2nd staircase, and a balcony off the living room. The basement houses the laundry, and the opportunity to create an in-law suite with an existing kitchen, 3-piece bathroom, oversized family room, and bedroom. This property is perfect for an investor looking for vacant units to set their own rents, or for multi-generational family living. Buyer to conduct their own due diligence regarding licencing, and adding a 3rd dwelling (property is not licensed). This property is currently owner occupied and vacant possession will be provided on closing. (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)
INCREDIBLE INVESTMENT OPPORTUNITY awaits for this 10+2 apartment bundle! A 10 unit apartment building and a neighbouring duplex, located in the quaint village of Dashwood, have minimal turnover and no vacancies currently. Tenants pay their own utilities with the exception of water usage. A 1.84 acre lot is included; currently, it holds the septic system for the apartments. Recent apartment upgrades include: 4 new water heaters (1 in duplex,3 in 10plex); along with window upgrades ($15,000 new windows being installed); soffit, fascia and eavestroughs; lighting with motion sensors in the 10plex for efficiency and security, and more! Local property management services are available and rental increases are in place for 2024. Additional storage space is available in the basement of the 10plex which could generate revenue. NOTE: Revenue and expenses will be provided and Seller will approve showings only for serious inquiries in order to minimize disruption for tenants. Capitalize on this investment opportunity and maximize your profit! (id:41195)
Prime rental location in charming Blackfriars neighbourhood. Three unit building on oversized lot and separate 2 car garage. Walking distance to downtown and close to major transit routes. Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. Walking distance to downtown, and on bus routes to Western University, Masonville Mall, Fanshawe and White Oaks. Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations and use. Positive cash flow even with current interest rates- buy now and enjoy more upside as rates decrease. Pro Forma worksheet available upon request. Don't sleep on this one! (id:41195)
Fantastic opportunity for an owner-occupied duplex! Building is only 12 years old and has been impeccably maintained. Each unit has its own separate driveway on a different side of the house with its own mailing address. Separate deck and patio spaces. It was originally built so that the owner could live in the two story unit with a spacious two car garage (with entry to the basement!) and a large side yard. Plans changed and both units are now rented. Each unit also has its own shed. The main unit garage is insulated (R20 in walls and R40 in ceiling). There is an RV water and electricity hook up and a concealed sewage hookup as well (under a patio stone). The main unit has an owned on-demand hot water heater. Both units have main floor laundry. Both units have central air. There are separate water, electrical and gas hookups and meters. Both units are well appointed and clean with hard surface floors. Kitchens are both spacious with large islands and under counter lighting. Located in the heart of town, it is a quick walk to the beach and parks. The main unit is two stories with 1,848 sq. ft. above grade and the second unit is 1,292 sq. ft. above grade. The second unit also has another 1,067 sq. ft. of finished living space in the lower with a third bedroom. This unique gem is not going to last. There is so much to like here. Well designed and quality built. (id:41195)
6-Unit Property in Woodfield, London Investor's dream in Woodfield neighborhood! Discover a meticulously maintained 6-unit residential property in the heart of London, Ontario. This stately building is situated on a quiet street and offers an incredible opportunity for savvy investors. Property Highlights: Prime Location: Located in the historic Woodfield neighborhood, known for its charm and proximity to downtown London. Enjoy the perfect blend of tranquility and convenience, with local parks, shops, and dining options just moments away. Income Potential: With six units in total, this property presents a rare chance to invest in a stable building. Two fully renovated units feature upscale finishes, appealing to tenants with a taste for modern living. Tenant Stability: Four units are occupied by long-term tenants, ensuring consistent rental income from day one. This established tenant base provides an immediate return on investment. Ample Parking: The property offers dedicated parking for six vehicles, a valuable feature that tenants will appreciate. This convenience adds to the property's overall appeal. Architectural Charm: The building's stately exterior exudes classic elegance, setting it apart in the neighborhood and adding to its desirability. Investment Opportunity: This property is a smart addition to any investor's portfolio. The two fully renovated units command premium rents, and the potential for rent increases in the remaining units offers attractive long-term upside. Woodfield's reputation ensures a consistent demand for rental properties, making this an opportunity not to be missed. Don't miss out on this chance to own a prestigious property in the coveted Woodfield neighborhood. Contact us today to schedule a viewing and explore the potential of this remarkable investment opportunity. (id:41195)
Recently renovated duplex within a few minutes walk of famous Wortley Village. The entire main floor has been renovated into a 3 bedroom unit with one bathroom. Everything is brand new in this unit. New kitchen, bathroom, flooring, windows. The second floor has 2 good sized bedrooms, a den/office, 4 piece bathroom, eat in kitchen and a living room. Noise insulation added between the 2 units, Separate hydro meters. 4 car parking off Briscoe. Excellent opportunity to add to investment portfolio or live in the main unit and rent the upper unit to help pay down the mortgage. Walking distance to great schools and Wortley Village. (id:41195)
Superb core investment opportunity describes this two property offering in downtown London. TWO BUILDINGS FOR THE ONE PRICE. First building is 444 York... impeccably maintained character yellow brick stand alone building boasting over 3200 square of functional space. Spacious entry foyer, large reception area, 10 individual offices plus a private board room, staff kitchen space and storage. High traffic location. City bus route. Zoning provides for an abundance of commercial/office/retail uses. Direct exposure and signage off York Street. Second property is 330 Burwell St....yellow brick 4 plex with good income and strong tenant history. Three 1 bedroom units and one 2 bedroom. The two main level 1 bedroom units have been recently renovated with open concept floor plans and updated kitchens and baths. The upper units offer more charm and character and loads of natural light. Both properties have ample parking with 17 spots in total (id:41195)
Don't miss out on this set of side-by-side fourplexes for a total of 8 units in an A+ location! Over $134,000 in net operating income. Close to Western and on major bus routes to Fanshawe College. Convenient downtown location means close to groceries, shopping and nightlife. Large lot with parking for 14 vehicles - a pretty rare find for downtown! 7 units recently updated with appliances (2020), kitchens and flooring. Newer boiler and on-demand hot water, electricity on separate meters (2020), plumbing updated (2020). Recent fire inspection and City of London rental license in place. 4 units are available vacant to set your own market rents! *VENDOR FINANCING AVAILABLE* (id:41195)
Great opportunity to invest in London's booming rental market. This gorgeous 4-plex is located in very close proximity to Downtown and steps to Public Transit. The neighborhood is quiet and offers an easy commute to all London has to offer including Budweiser Gardens, Victoria Park, Richmond Row with all its eateries and entertainment, Western University, Fanshawe College, and 2 major Hospitals There is a main floor 3 bedrm unit, 2 one bedroom units upstairs and a 2 bedroom unit in the lower level. All units have separate hydro meters and the 2 upper units have electric heat which the tenant pays for. Lots of updates throughout with newer windows, flooring, kitchens, etc. There is a coin operated washer and dryer for tenants use available in the lower level. This property is currently licensed with the city and fire inspection completed June 10, 2022. Large private backyard with shed and privacy fencing for the tenants to use. Spacious porch and decks for tenants to enjoy as well. The double wide driveway would easily fit 8 cars but less allows for tenants not to have to jockey vehicles. Pictures are from an earlier listing. (id:41195)
SECONDARY RESIDENCE IN 10' HIGH LOWER LEVEL SEPARATE GARAGE AND GARAGE ENTRANCE. Welcome to Timberview Trails Mt. Brydges by Banman Developments! Come check out how bright and open our NEW 1837 sq ft 3 bedroom 3 bathroom 2 storey Model home with 2 car garage . This Model features separate Master suite with luxury ensuite and massive walk in closet . The lower level has just under 9' ceiling height and loads of large windows plus. The main level with 9' ceilings is totally open with engineered hardwood flooring throughout. The kitchen cupboards are custom manufactured by GCW, and quarts tops are featured in the kitchen and all bathrooms.THE OAK MODEL home can be built without secondary unit for $779,000 then add rough-ins for future potential down the road. (id:41195)
Multi-Residential Investment Opportunity - 5 cluster townhomes located in South London. Priced competitively as a package. Two of the 5 units are completely renovated along with furnace and air-conditioning. Remaining 3 units have been renovated partially. Four of the five units are currently rented. All are 3 bedrooms with 1.5 baths. They all have the same layout and offer approximately 1,400 sf of living space. Private patio areas at back. Easily rented. Information package is available upon request. (id:41195)
Welcome to this stunning fully renovated 24-unit , six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. The building is situated on a desirable corner lot, close to hospital, shopping, grocery restaurants, and bus routes. Not only is this an amazing opportunity, the sellers have secured a large assumable (for qualified buyers) CMHC mortgage at 3.75% for 10 years fixed with 40 year amortization. The current process for the CMHC could be up to two years which makes this assumable mortgage very desirable for any buyer. Please contact the listing agent for all info. (id:41195)
Stunning income property in Woodfield Estates.....3 rental units OR amazing residence with 2 rental units, your choice! Stately yellow brick 2.5 storey, circa 1893. Loaded with character, stained glass, hardwood floors, wainscoting, interlocking drive & wrought iron fencing. (id:41195)
Looking for an investment opportunity in downtown Strathroy, that is walking distance to amenities. This 5 unit building has a mix of retail space and residential apartments. The main floor consists of two commercial spaces (currently rented) with great visual exposure to the street. Apartment C (owner occupied) could be used as a retail space or a residential apartment, located on the ground floor. Two additional residential units (rented) are located on the second floor. Apartment A is a two bedroom unit and Apartment B is a one bedroom unit. All apartments are heated with a gas wall furnace and the commercial units share a gas forced air furnace. Parking in the rear connects to Garden Lane. A small green space at the rear of the property can be used by tenants. Inquire today for more details about this multi-unit complex. (id:41195)
Move into one unit or use as an investment property. 4 townhouses, 2 storey units, (4 plex), large 8 car parking area. All 3 bedroom units, 1 bath, full unfinished basements, $275,000 a unit. Great opportunity in St. Thomas. Great northside location. Tenants pay all utilities. Appliances owned by tenants. Seller owns hot water heaters. Front covered porch. Rear decks, close to schools, shopping, amenities, parks, new Volkswagen plant to be built. (id:41195)
ATTENTION INVESTORS: 7.04% CAP!! This is the property you've been looking for. With a strong cap rate and solid rents, you will love this investment. Formerly a 4 plex with commercial space now fully residential. It was renovated back to the studs in 2015 and other updates over the last 2 years, each unit is in great condition. Coin laundry on the main floor and parking for 4 vehicles. Friendly neighbors & close amenities makes this a wonderful rental for tenants. Don't wait, book your viewing today. (id:41195)
MULTI-PROPERTY MULTI-UNIT INVESTOR'S PACKAGE - 7 UNITS/DOORS & PARCEL OF LAND w/ 9+ ADDITIONAL UNIT DEV POTENTIAL: This listing includes a three unit building and two legal duplex units, a single car garage along with a parcel of tied land (three seperate addresses; 224, 226 & 230 Richmond Street). At the mouth of downtown London on the historic Richmond Street just north of the Thames River and northeast of iconic Wortley Village; this offering has investment potential as a short or long term hold; with ample possibilities at future development. These properties are currently fully tenanted. Present Net Operating Income (NOI) before lending costs of the seven combinded rented units is over $67,000 and at current market rents (conservative values) could be over $100,000 Net Operating Income (NOI) before lending costs (refer to Proforma in Documents). 230 Richmond Street is a three unit building with three bedroom units on the main and upper levels and a two bedroom unit on the lower level. All units in this three unit building include in suite laundry and dishwashers. Main floor unit was freshly renovated in 2021. All present tenants pay their hydro expenses in this property. 226 Richmond Street is a semi-detached duplex with a one bedroom upper unit and one bedroom lower unit. 224 Richmond Street is the other half the semi-detached duplex and has a two bedroom upper unit and a two bedroom lower unit. 224 Richmond Street also includes a parcel of tied land (formally three seperate addresses - 220 & 222 & 224 Richmond Street that have merged under single ownership). Property being sold as is/where is(R3-1 zoning). Adjacent properties are zoned as AC4 commercial. Planner has suggested that Nine - Fifteen Unit building can be constructed on vacant lot that is currently part of 224 Richmond property. This oppurtunity is particularly valuable to potential developers/ builders. (id:41195)
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