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273 Thompson Rd, London, ON N5Z 2Z3, Canada

273 Thompson Rd, London, ON N5Z 2Z3, Canada
$ 849,000.00

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Quick Info

MLS #: 40187353 Post Updated: 2021-11-19 07:19:22 Bedrooms: 9 Bathrooms: 8
LotSizeDimensions: 150 x 39.99 BuildingAreaTotal: 1950 Year built: 1984 YearBuiltDetails: Estimate
Status: Type:

Description

Attention investors. Fully renovated, licenced 9 bedroom lodging house. 7 one bedroom units with shared kitchen and 1 two bedroom unit with its own kitchen. Currently fully leased. Roof 2018/2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split and/or add a separate structure. Current cap rate of 7.8%, projected (market rent) 9.7%.

Rooms & Units Description

  • NumberOfUnitsTotal: 8

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Location & Schools

  • MLSAreaMajor: East
  • MLSAreaMinor: East L
  • CountyOrParish: Middlesex
  • Directions: EAST OF THOMPSON AND ADELAIDE STREET
  • Topography: Flat
  • Coordinates: -81.21954, 42.968889
  • Zoning: R11 / CC1

Property Details

  • ParcelNumber: 083520009
  • AboveGradeFinishedArea: 1950
  • AboveGradeFinishedAreaUnits: Square Feet
  • BelowGradeFinishedAreaUnits: Square Feet
  • StoriesTotal: 1
  • ConstructionMaterials: Block, Vinyl Siding
  • PropertyAttachedYN: 1
  • AcresRange: < 0.5

Property Features

  • LotFeatures: Urban, Rectangular, Airport, Corner Lot, Hospital, Park, Public Transit, Schools, Shopping Nearby
  • SecurityFeatures: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Monitored, Smoke Detector(s)
  • LaundryFeatures: Coin Operated
  • InteriorFeatures: High Speed Internet, Central Vacuum, Solar Tube(s)
  • Utilities: At Lot Line-Hydro, At Lot Line-Municipal Water, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights
  • Appliances: Instant Hot Water, Water Heater Owned, Hot Water Tank Owned, Refrigerator, Stove
  • RoadFrontageType: Municipal Road
  • Fencing: Fence - Partial
  • Basement: Full, Partially Finished
  • FoundationDetails: Concrete Block
  • Roof: Asphalt Shing
  • FrontageLength: Lot Front(39.99)
  • ElectricOnPropertyYN: 1
  • Cooling: Central Air
  • HeatingYN: 1
  • Heating: Forced Air, Natural Gas
  • ParkingTotal: 8
  • OpenParkingYN: 1
  • OpenParkingSpaces: 8
  • ParkingFeatures: Gravel
  • PoolFeatures: None
  • Sewer: Sewer (Municipal)
  • ViewYN: 1
  • View: Clear
  • PatioAndPorchFeatures: Deck
  • WaterSource: Municipal-Metered

Courtesy of

  • ListOfficeName: ROYAL LEPAGE TRILAND REALTY

273 Thompson Rd, London, ON N5Z 2Z3, Canada. MLS 40187353. This style property is located in London is currently . This property is listed at $ 849,000.00. It has 9 beds bedrooms, 8 baths bathrooms. The property was built in 1984 year.

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