Quick Summary
Quick Summary
- 4 self-contained units in the heart of London.
- Walking distance to amenities like shopping and dining.
- Close proximity to downtown and train station.
- Separately metered units for hydro, landlord pays water.
- Units feature washers, dryers, dishwashers, and parking.
- Roof replaced in 2019, turn-key rental property.
- Currently rented with property manager in place.
- Great investment opportunity with considerable value.
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. All 4 units currently rented, and with a property manager already in place, 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 in the past for $2,050 (3 bed), Unit 2- Rented in the past 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)
Additional Media
View Additional Media
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Bedroom
12′4″ x 10′7″
Bedroom 2
16′9″ x 10′2″
Bedroom 3
16′8″ x 11′3″
Living room
12′2″ x 16′4″
Bedroom
12′3″ x 12′11″
Dining room
7′10″ x 7′10″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 3,500 - 5,000 Sq. Ft.
- 8
- 4
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 8
- 5
- 2
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 2
- 1
- 900 - 999 Sq. Ft.
- 2
- 2
- 1,000 - 1,199 Sq. Ft.
- 2
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.