PRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
134'40.8 m
Lot Frontage:
40'12.2 m
Topography:
Flat
Direction Faces:
South
Bedrooms:
7
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
7
Kitchens Above Grade:
5
Rooms Above Grade:
22
Zoning:
OCR2 R3-
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Lane, Private
Parking Spaces:
5
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
69-90
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$11,571 /
2026
Assessment:
$- /
2025
Middlesex
London East
East F
Hospital, Library, Park, Place Of Worship, Public Transit, School
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