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$1,465,000

London East (East I) ON, N5V 0C9

MLS® # X12584258

Property Information:

Turn-key, brand new investment opportunity! This newly built legal fourplex sits on a prominent corner lot at Marconi Blvd & Marconi Crt and is fully ready for immediate rental income. An excellent opportunity for both investors and owner-occupied buyers looking to live in one unit while generating strong rental income from the others.The property includes two spacious upper two-storey units, each offering 4 bedrooms, along with two separate lower units, each featuring 2 bedrooms.Every unit is individually metered for water and gas and has its own in-suite laundry, providing modern convenience for tenants and simplified management for owners. Fully legal and City-approved, this turn-key build is a premium, low-maintenance addition to any rental portfolio or live-in investment strategy. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full, N/A, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+4
  • Bathrooms: 9
  • Half Bathrooms: 3
  • Features: Irregular lot size
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 120.5 Feet
  • Lot Frontage: 48.1 Feet
  • Lot Size: 48.1 x 120.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom Basement Level 3.58 m x 3.02 m
  • Bedroom Basement Level 5.15 m x 2.59 m
  • Bedroom Basement Level 2.72 m x 3.15 m
  • Bedroom Basement Level 2.72 m x 3.15 m
  • Living Main Level 5.22 m x 5.31 m
  • Den Main Level 5.15 m x 2.59 m
  • Living Main Level 3.28 m x 4.63 m
  • Kitchen Main Level 3.90 m x 4.10 m
  • Kitchen Main Level 2.43 m x 3.74 m
  • Bedroom Upper Level 3.77 m x 3.41 m
  • Bedroom Upper Level 3.77 m x 3.35 m
  • Bedroom Upper Level 3.74 m x 3.71 m
  • Bedroom Upper Level 3.35 m x 3.02 m
  • Bedroom Upper Level 3.38 m x 3.02 m
  • Bedroom Upper Level 3.41 m x 3.22 m
  • Bedroom Upper Level 3.84 m x 4.56 m
  • Bedroom Upper Level 3.77 m x 3.41 m

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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 143 MARCONI COURT, London East (East I), Ontario, N5V 0C9

Demographic Information of 143 MARCONI COURT, London East (East I), Ontario, N5V 0C9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$95,743.69

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.35 %

High school certificate or equivalent

32.61 %

Apprenticeship trade certificate/diploma

8.08 %

College/non-university certificate

26.74 %

University certificate (below bachelor)

0.07 %

University Degree

7.15 %

Commuter

Travel To Work

By Car

89.08 %

By Public Transit

1.07 %

By Walking

1.8 %

By Bicycle

0.0 %

By Other Methods

8.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.07 %

Houses

81.93 %

Own Vs. Rent