368 Calgary Street, London East, Ontario N5W 4X5

Listed for:
$1,100,000
15 beds
8 baths
Listed 15 days ago
Other for rent: 368 Calgary Street, London East, Ontario N5W 4X5

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Learn more about this property
Listing provided by:
BLUE FOREST REALTY INC.
MLS® number:
X12023560
Agent:
Abbe Sheedy
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About

Whitney St Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:27476)

Property Highlights

MLS® Number
X12023560
Type
Multi-family
Community Name
East H
Land Size
125.16 x 115 FT|under 1/2 acre
Parking Space Total
10

Building

Building Type
Other
Storeys
2.00
Bathrooms Total
8
Bedrooms Above Ground
14
Bedrooms Total
15
Amenities
Schools, Public Transit, Park, Place of Worship
Exterior Finish
Stone, Vinyl siding
Fireplace Present
No
Basement Type
N/A (Partially finished)
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location