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764 King St

King St, Old East Village, London, ON, N5W 2X4

3
Beds
2
Baths
2,400
Sq. Ft.
$499,900
List Price
Details
Photos
4
Comparables
History
764 King St, London, ON - 1 of 3
764 King St, London, ON - 2 of 3
764 King St, London, ON - 3 of 3
New
28 days on market

Quick Summary

  • Fully leased until Feb 2025, stable investment.
  • Generates $2800/month plus utilities.
  • Close to Western Fair and Gateway Casinos.
  • Near Fanshawe College and Downtown.
  • 3 bedrooms, two bathrooms, large fenced yard.
  • Located on newly rebuilt King street.
  • Public transit accessible right at the door.
  • Attractive 6.2% cap rate for investors.

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at... Show More

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:54626)

Property Details

Size

2,400 sq. ft.
10 total rooms across 1 floor
3 Beds
3 Above Grade
2 Baths
2 Full

Parking

3 Parking Spaces
-

Lot

Size
396′ * 1967′11″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

4pc Bathroom

Bathroom

Bedroom

8′ x 10′7″

Bedroom

9′8″ x 12′4″

Primary Bedroom

9′ x 14′1″

Storage

6′5″ x 8′4″

Recreation room

10′6″ x 17′8″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40567732
Last Updated
April 9, 2024
Brokerage
INITIA REAL ESTATE (ONTARIO) LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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