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$ 999,999
Est. payment /mo
Active
353 CENTRAL AVENUE London, ON N6B2E3
8 Beds
4 Baths
2,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $333
Subdivision East F
MLS® Listing ID X9295385
Bedrooms 8
Originating Board Toronto Regional Real Estate Board
Property Description
Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **** EXTRAS **** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.25 m X 3.76 m Bedroom
Extra Room 2 Basement 3.1 m X 5.11 m Bedroom 2
Extra Room 3 Basement 3.44 m X 5.1 m Bedroom 3
Extra Room 4 Main level 4.99 m X 3.72 m Living room
Extra Room 5 Main level 4.45 m X 3.09 m Bedroom 2
Extra Room 6 Main level 3.96 m X 3.74 m Bedroom
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold
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