About this property

ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex (quad style). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles are newer improvements along with various windows, and two of the four furnaces. The property has 2 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12930334
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	9,354 sq ft
Beds / Baths	8 bed · 1 bath
City	London East
Postal Code	N5W 4Z7
Province	ON
Listed Date	March 27, 2026
Days on Market	132
Price per Sq Ft	$64
Brokerage	RE/MAX CENTRE CITY REALTY INC.