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Ontario
London East (East F)
583 MAITLAND STREET

$999,900

583 MAITLAND STREET, London East (East F), Ontario, N6B 2Z8

MLS® # X12467478

London East (East F) ON, N6B 2Z8

MLS® # X12467478

Property Information:

Fantastic investment opportunity. Purpose built 2 story 2+1 bedroom townhouse style triplex. Updated top to bottom. Completely self contained. All with full basements with family and laundry rooms and separate furnaces. Rents are Unit Unit #1$1937, Unit #2 $1879. and Unit #3 $1890. monthly plus utilities and an additional $95.p/m for water. Annual Net income is $61,539.00 Well-maintained triplex with solid income. At asking price, cap rate is approximately 6.2%. Clean numbers and minimal expense exposure due to tenant-paid utilities. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Aluminum siding, Brick
Floor Space: 2000 - 2500 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Appliances: Water meter

Property Features:

Property Type: Multi-family
Amenities Nearby: Public Transit, Schools
Community Features: School Bus
Features: Lane
Fence Type: Fenced yard
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 151.0 Feet
Lot Frontage: 34.2 Feet
Lot Size: 34.2 x 151 FT
Structure Type: Patio(s)
Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
Zoning: R3-2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: PRIME REAL ESTATE BROKERAGE

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⚠ Potential Investment Performance

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Market Price Trends

Location of 583 MAITLAND STREET, London East (East F), Ontario, N6B 2Z8

Lifestyle
Neighbourhood

Demographic Information of 583 MAITLAND STREET, London East (East F), Ontario, N6B 2Z8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$103,386.05

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.01 %

High school certificate or equivalent

27.73 %

Apprenticeship trade certificate/diploma

4.17 %

College/non-university certificate

22.71 %

University certificate (below bachelor)

1.46 %

University Degree

34.92 %

Commuter

Travel To Work

By Car

68.02 %

By Public Transit

10.63 %

By Walking

16.14 %

By Bicycle

2.25 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.2 %

Houses

29.8 %

Own Vs. Rent