3 & 4 - 39 Regina Street, London, Ontario N5Y 3B6

Listed for:
$1,125,000
8 beds
6 baths
Listed 49 days ago
Other for rent: 3 & 4 - 39 Regina Street, London, Ontario N5Y 3B6

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Learn more about this property
Listing provided by:
A TEAM LONDON
MLS® number:
X11969858
Agent:
Nick Jaremko
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About

Colborne Street An exceptional investment opportunity, this bundle includes two separately deeded, three-storey freehold townhomes, offering a total of four rental units in a prime location. Each townhouse features a spacious 3-bedroom, 2-bathroom main unit and a separate 1-bedroom, 1-bathroom basement unit. Boasting rooftop patios, two dedicated parking spaces per townhouse, and a highly desirable location just minutes from downtown and Western University, these properties offer both strong rental income and long-term value. Current reno's in progress at Unit #3 to be completed prior to closing: New flooring (LVP & carpet), new kitchen, bathroom updates. With one vacant upper unit, buyers have the flexibility to owner-occupy or secure a new tenant at market rent. All other units are at market rent. Dont miss this rare chance to acquire a high-performing multi-unit investment in a sought-after neighbourhood. Each is a spacious and bright downtown 3+1 bedroom, 3 bathroom townhouse with hardwood floors, dining room, eat in kitchen with patio door to deck, most new windows throughout and 3 king size bedrooms plus one in the lower level. Second floor laundry. The third level master suite features its own private deck and 4 piece bathroom. Possibility for both units to be purchased separately. NOI approx. $65K. (id:27476)

Property Highlights

MLS® Number
X11969858
Type
Multi-family
Community Name
East F
Land Size
1 FT
Parking Space Total
4

Building

Building Type
Other
Storeys
3.00
Bathrooms Total
6
Bedrooms Above Ground
6
Bedrooms Total
8
Amenities
Fireplace(s) Schools, Public Transit, Park
Exterior Finish
Vinyl siding, Brick
Fireplace Present
Yes
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location