New ListingPRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR. (id:13843)
| MLS # | X14162860 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | SUTTON GROUP - SELECT REALTY INC. | EDWARD MILANI |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,500 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | OCR2 R3- |
| Cooling | None |
|---|---|
| Heating | Natural gas |
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | Yes |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Flat site, Lane |
| Foundation Details | Concrete |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 7 |
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 11571 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6B2C9 |
| Listing VS Median (in N6B2C9) | |
Price: $1,299,999 low | high Med: $1,499,999 sqft: 3,500 low | high Med: 3,500 $ / sqft: $371 low | high Med: $429 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6B2C9 |
| Listing VS Median (in N6B2C9) | |
Price: $1,299,999 low | high Med: $1,499,999 sqft: 3,500 low | high Med: 3,500 $ / sqft: $371 low | high Med: $429 On site: 5 low | high Med: 5 | |