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140 Rectory St

Rectory StEalingLondonON, N5Z 2A3

4
Beds
3
Baths
1,780
Sq. Ft.
$499,900
List Price
140 Rectory St, London, ON - 1 of 3
140 Rectory St, London, ON - 2 of 3
140 Rectory St, London, ON - 3 of 3
New
16 days on market

Quick Summary

  • Excellent investment opportunity with three units
  • Convenient location close to downtown and amenities
  • Ample parking and fenced backyard for each unit
  • Separate hydro meters and entrances for each unit
  • Zoning permits an additional dwelling unit (ADU)
  • Stable rental income with current tenants
  • No basement units, all above-grade living spaces
  • Great addition to an existing investment portfolio

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... Show More

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:54626)

Property Details

Size

1,780 sq. ft.
across 2 floors
4 Beds
3 Baths
3 Full

Parking

5 Parking Spaces
-

Lot

Size
480′ * 1440′
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Vinyl siding
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40569033
Last Updated
April 19, 2024
Brokerage
THRIVE REALTY GROUP INC.
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