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

 

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$875,000
Available - For Sale
Listing ID: X12422309
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 large apartments. 312 Piccadilly offers 4 units: Three 2 Bedroom Units and one 1 bedroom unit. Unit 3 Upper unit, where the owner resides, has an impressive Loft that was custom built. It overlooks the large living area with Projected income of $2650 monthly 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 monthly or $27,600 Yearly. Unit 3, 1 bedroom is Vacant with projected income $1600.00 monthly or $19,200 Yearly. Unit 4 is Vacant with projected income $2000.00 monthly or $24,000 Yearly. Total projected income $102,000. This projection is based on upgrading the units as they come vacant. The area that this building sits in is close to University of Western Ontario, Saint Joesphs Hospital, with easy access to Fanshawe College, a short walk to Richmond Row with the famous Ceeps & Joe Kools, a grocery store, and lots of bike paths and parks. This is a perfect location. Parents, why buy a house your children can live in when you can buy an apartment building that will create a lasting income? Perfect to keep for them as the years pass on after they graduate, this building will appreciate- 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 pays electric heat. Apt Tenant pays Hydro. Owner pays water for the building. Hours notice, See Floor Plans.
Price $875,000
Taxes: $7,394.69
Occupancy by: Owner+T
Address: 312 Piccadilly Stre , London East, N6A 1S6, Middlesex
Directions/Cross Streets: Waterloo & Wellington
Rooms: 21
Bedrooms: 5
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 15.48 11.51
Room 2: Main Foyer 6.89 6.33
Room 3: Main Kitchen 15.48 11.38
Room 4: Main Bedroom 10.10 8.53
Room 5: Main Bedroom 2 8.79 12.07
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  4 Ground
Washroom 3:  4 Ground
Washroom 4:  4 Ground
Washroom 5:  0
Property Type: Fourplex
Style: 3-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 4
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 1500-2000
Property Features: Library
Hospital
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: Forced Air
Central Air Conditioning: None
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  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
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 1S6, 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: 3-Storey
Lot Size: x 138.04(Feet)
Approximate Age:
Tax: $7,394.69
Maintenance Fee: $0
Beds: 5
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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