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$ 799,999
Est. payment | /mo
7 Beds
5 Baths
$ 799,999
Est. payment | /mo
7 Beds
5 Baths
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision East E
MLS Listing ID X13110334
Style 3-Storey
Bedrooms 7
Annual Tax Amount $1,500
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
Exceptional Fully Tenanted Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income-generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq. ft. of living space with abundant natural light, large windows, and high ceilings throughout. Property Highlights:1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Residential Units: Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms. A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, HVAC systems for both heating and cooling, New windows and plumbing, fully updated kitchens and washrooms. This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 27.2
Lot Depth 128.32
Total Parking Spaces 8
Building
Foundation Unknown
Others
ParcelsYN No
Listed by HOMELIFE SILVERCITY REALTY INC.
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