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

 

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$795,000
Available - For Sale
Listing ID: X8150402
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity!
Price $795,000
Taxes: $2,490
Assessment: $189000
Assessment Year: 2024
Address: 387 Horton St East , London, N6B 1L6, Ontario
Lot Size: 33 x 165 (Feet)
Directions/Cross Streets: Colborne & Horton
Rooms: 11
Bedrooms: 7
Washrooms: 5
Kitchens: 4
Family Room: Y
Basement: Crawl Space
Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Main
Washroom 3:  4 2nd
Washroom 4:  4 2nd
Washroom 5:  4 2nd
Property Type: Multiplex
Style: 2-Storey
Exterior: Stucco/Plaster
Vinyl Siding
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 4
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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CMHC/GE $ $ $ $
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CENTURY 21 FIRST CANADIAN CORP

387 Horton St East , London, N6B 1L6, Ontario

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 - Multiplex
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style: 2-Storey
Lot Size: 33.00 x 165.00(Feet)
Approximate Age:
Tax: $2,490
Maintenance Fee: $0
Beds: 7
Baths: 5
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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