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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,095,000
Available - For Sale
Listing ID: X12332256
First time offered in 42 Years. 312 Piccadilly sits on a quiet North London Street. The present owner has resided in the solid income property for 42 years and allowed him to derive a superior cash flow from the apartments that are large. 312 Offers 4 units, 3 Two Bedroom Units, and 1 one bedroom unit. Unit 3 Upper unit where the owner resides, has an impressive Loft that was custom built. It overlooks the living large area with Projected income of $2650.00 or $31,800 Yearly. Unit 2 Lower has a nice porch to sit on and enjoy the street scape, two bedrooms, hardwood floor, large principal rooms ideal for an owner occupied unit. Presently rented Month to Month at $820,00. Projected income for this unit would be $2300.00 or $27,600 Yearly. Unit 3, 1 Bedroom Vacant projected income $1600.00 monthly or $19,200 Yearly, Unit 3 Vacant projected Income $2000.00 or $24,000 Yearly. Total projected income $102,00,00. This projection is based on upgrading the units as they come vacant. The area that this building sits in close to University of Western Ontario, Saint Joesphs Hospital, Easy access to Fanshawe College, Walk to Richmond Row the famous Ceeps, Joe Kools, grovery store, lots of bike paths, parks. This is a perfect location. Parents why buy a house your children to live in when you can buy an apartment building that will creat a lasting income a pefect keep for them as years pass on after they graduate this building will appreceiate a true good long term investment. Owner will consider holding a First Mortgage with an appropriate down payment. Please note Apt tenant pays Heat. Apt Tenant pays Hydro. Apt 3 Owner occupied Electric heat. Apt Tenant pays Hydro. Owner pays water for the building. Hours notice, See Floorplans. Sold as is condition.
Price $1,095,000
Taxes: $7,393.69
Occupancy by: Owner+T
Address: 312 Piccadilly Stre , London East, N6A 1S5, Middlesex
Directions/Cross Streets: WELLINGTON & WATERLOO
Rooms: 2
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Separate Ent
Unfinished
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Second
Washroom 3:  4 Ground
Washroom 4:  4 Upper
Washroom 5:  0
Washroom 6:  4 Second
Washroom 7:  4 Second
Washroom 8:  4 Ground
Washroom 9:  4 Upper
Washroom 10:  0
Property Type: Fourplex
Style: 2 1/2 Storey
Exterior: Vinyl Siding
Wood
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 6
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Lane
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
NU-VISTA PREMIERE REALTY INC.

312 Piccadilly Stre , London East, N6A 1S5, Middlesex

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style: 2 1/2 Storey
Lot Size: x 138.04(Feet)
Approximate Age: 51-99
Tax: $7,393.69
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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