FOR SALE
$849,900
86561 London, North Huron, ON, N0G 2W0
4
2
1100-1500
About the Property
Client RemarksFULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance.
It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.
Property Details
MLS#:
X13209830
Status:
For Sale
Property Type:
About the Property
Client RemarksFULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own insuite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance.
It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.
Property Details
MLS#:
X13209830
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
8+3
Heating Fuel:
Forced Air
Bathrooms:
6
Heating Type:
Forced Air
Parking:
Cross Street:
Adelaide Street N/Hamilton Rd
Basement:
Partial Basement
Multiplex
Central A/C:
No
Bedrooms:
8+3
Heating Fuel:
Forced Air
Bathrooms:
6
Heating Type:
Forced Air
Parking:
Cross Street:
Adelaide Street N/Hamilton Rd
Basement:
Partial Basement
Maintenance:
Exterior:
Brick, Vinyl Siding
Possession Date:
Presented By:
ROCK STAR REAL ESTATE INC.
Maintenance:
Exterior:
Brick, Vinyl Siding
Possession Date:
Presented By:
ROCK STAR REAL ESTATE INC.