About this property

Fantastic investment opportunity in London ON! This site contains 3 purpose built 12 plex's, each with 10 two bedroom units and two one bedroom units (one building has had two of the 2 bedroom units converted into one large unit by the former owner, would be easy to convert back into two units). It sits on over two acres, and that includes a vacant lot that is zoned R8-2 and is just over 0.6 acres (66 feet by 420 feet) that would be perfect to add some additional units to the property. Current rent roll is over $500,000 a year with loads of upside potential to increase to current market rent, currently 13 of the two bedroom units are under market rent. Each unit is separately metered for hydro, each building has its own laundry room, and many updates have been done over the years including new boilers (2023), many new windows (as needed), and most of the units have also been updated (as they become vacant they are renovated). This is a tremendous addition to any investor's portfolio so act today!

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13534198
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	10,140 sq ft
Lot Size	2 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	South I
City	London South
Postal Code	N5Z 2Z2
Province	ON
Listed Date	July 7, 2026
Days on Market	30
Price per Sq Ft	$616
Brokerage	ROYAL LEPAGE TRILAND REALTY