Residential Income
$ 1,299,000.00
- MLS #: 40358084
- Post Updated: 2022-12-15 19:04:09
- Bedrooms: 9
- Bathrooms: 4
- Area: 2400 sq ft
- LotSizeDimensions: 140 x 40
- BuildingAreaTotal: 3600
- Status: Active
- Type: Duplex Up/Down
Description
ATTENTION INVESTORS! PURPOSE BUILT ALL BRICK FULLY RENTED LEGAL DUPLEX IN PRIME LOCATION!***NEW LEASES FOR MAY 1/2023 TO APRIL 30/2024!!! OVER $100,000.00 ANNUAL INCOME!!! TENANTS PAY ALL UTILITIES!!!*** HIGHLY DESIRABLE UWO STUDENT RENTAL AREA, ALWAYS EASILY RENTED! PROPOSED ONTARIO GOVERNMENT HOUSING CHANGES POTENTIALLY ALLOW FOR ADDITIONAL AUXILIARY DWELLING ON PROPERTY WITH MINIMAL RESTRICTIONS & DEVELOPMENT CHARGE EXEMPTIONS! UNITS CONTAIN INDIVIDUAL FURNACES, LAUNDRY, HYDRO PANELS & WATER HEATERS… SEPARATELY METERED! LOW MAINTENANCE ALL BRICK EXTERIOR. SPACIOUS UNITS WITH LARGE BEDROOMS & COMMON AREAS. WITHIN WALKING DISTANCE TO UWO, BUS STOPS, RESTAURANTS & DOWNTOWN. CLOSE TO TRAILS, UNIVERSITY HOSPITAL & SHOPPING. PRIVATE SINGLE WIDE DRIVEWAY & PRIVATE REAR PARKING LOT PAVED ~3 YREARS AGO, AMPLE PARKING. MAIN UNIT RECENTLY REFRESHED. HUGE INCOME! AMAZING POTENTIAL! HIGH QUALITY INVESTMENT PROPERTY IN GREAT CONDITION!
View on map / Neighborhood
Location & Schools
- MLSAreaMajor: North
- MLSAreaMinor: North K
- CountyOrParish: Middlesex
- CrossStreet: WESTERN ROAD
- Directions: WESTERN ROAD TO ESSEX, NEAR WHARNCLIFFE & OXFORD
- Zoning: R3-2(1)
Property Details
- ParcelNumber: 082480031
- AboveGradeFinishedArea: 2400
- BelowGradeFinishedArea: 1200
- StoriesTotal: 2
- ConstructionMaterials: Brick
- OtherStructures: None
- AcresRange: < 0.5
Courtesy of
- ListOfficeName: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
36 Essex Street London ON N6G 1B2. MLS 40358084. This Duplex Up/Down style property is located in West London is currently Residential Income. This property is listed at $ 1,299,000.00. It has 9 beds bedrooms, 4 baths bathrooms. The property was built in year.
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