About this property

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X10408524
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	0 sq ft
Beds / Baths	0 bed · 25 bath
Neighbourhood	South F
City	London South
Postal Code	N6C 4J8
Province	ON
Listed Date	November 5, 2024
Brokerage	THRIVE REALTY GROUP INC.