Street City Realty
353 Central Avenue
London
N6B 2E3
$999,999
Residential Income
beds: 8
baths: 4.0
3,151 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40637448
- Bedrooms:
- 8
- Bathrooms:
- 4
- Photos (42)
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Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the others pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment!
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Listing General Location:
- East F, East
- Bedrooms:
- 8
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Details:
- 132.58 x 34.12
- Lot Depth:
- 132'7"
- Lot Frontage:
- 34'1½"
- Frontage Type:
- South
- Kitchens:
- 0
- County Or Parish:
- Middlesex
- Taxes:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick
- Basement:
- Partial, Finished
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Shing
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Total Floor Area:
- 3,151 sq. ft.
- Finished Area Above Grade:
- 3,151 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite
- Water Supply:
- Municipal
- Water Meter:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Baseboard, Electric
- None,Rent For Each Unit: Unit 1- $1,950 (3 Bed), Unit 2- $1,500 (2 Bed), Unit 3- $544.50 (1 Bed), Unit 4- $1,800 (2 Bed). Current Property Manager In Place Charges 7% Of Monthly Rent.
- Dishwasher, Dryer, Refrigerator, Stove, Washer
- Tenants Belongings
- None
- false
- No
- Central Ave and Waterloo St
- No
- HST Applicable To Sale Price:
- Included
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Insurance Expense:
- $4,300
- Expenses:
- Estimated
- Net Income:
- $55,567.07
- Leases:
- Yes
- Zoning:
- Residential
- Lot Site Features:
- Park, Place of Worship, Public Transit
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Private Drive Double Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 4
- Total Units:
- Signup
- Listed Date:
- Sep 03, 2024
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Rental Information
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Financials
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Listed by RIGHT AT HOME REALTY BROKERAGE
Data was last updated March 14, 2025 at 05:50 AM (UTC)
- DION EDWARDS
- STREET CITY REALTY
- 1 (519) 3171234
- Contact by Email
Street City Realty
Location
519 York St
London, ON, N6B 1R4