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$ 799,999
Est. payment | /mo
7 Beds
5 Baths
$ 799,999
Est. payment | /mo
7 Beds
5 Baths
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision East E
MLS Listing ID X13110334
Style 3-Storey
Bedrooms 7
Annual Tax Amount $1,500
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
Exceptional Fully Tenanted mixed use Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income- generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq. ft. of living space plus 500 sq ft Commercial unit , with abundant natural light, large windows, and high ceilings throughout. 1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms. A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, 4 owned water heaters, New windows and plumbing, fully updated kitchens and washrooms. This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio. dedicated front parking and 5 parking spots at the back.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 27.2
Lot Depth 128.32
Total Parking Spaces 8
Building
Foundation Unknown
Others
ParcelsYN No
Listed by HOMELIFE SILVERCITY REALTY INC.
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