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353 Central Ave

Central Ave, Central London, London, ON, N6B 2E3

8
Beds
4
Baths
2,999 - 3,499
Sq. Ft.
$999,999
List Price
Details
Photos
40
Comparables
History
353 Central Ave, London, ON - 1 of 3
353 Central Ave, London, ON - 2 of 3
353 Central Ave, London, ON - 3 of 3
66 days on market

Quick Summary

  • Desirable central location near shopping, dining
  • Separately metered units with individual utilities
  • Varied unit sizes from 1 to 3 bedrooms
  • Existing tenants with stable rental income
  • Newly replaced asphalt shingle roof in 2019
  • Convenient access to public transportation
  • Flexible investment opportunity or owner-occupied
  • Experienced property management services available

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor,... Show More

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **** EXTRAS **** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent. (id:54626)

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Property Details

Size

2,999 - 3,499 sq. ft.
12 total rooms across 3 floors
8 Beds
6 Above Grade - 2 Below Grade
4 Baths
4 Full

Parking

4 Parking Spaces
-

Lot

Size
408′12″ * 1591′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom

12′4″ x 10′8″

Bedroom 2

16′9″ x 10′2″

Bedroom 3

16′8″ x 11′3″

Living room

12′2″ x 16′4″

Bedroom 2

10′1″ x 14′7″

Bedroom

12′3″ x 12′11″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9295385
Last Updated
October 26, 2024
Brokerage
RIGHT AT HOME REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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