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$695,000

193 WHARNCLIFFE ROAD N, London North (North N), Ontario, N6H 2B5

MLS® # X12640486

London North (North N) ON, N6H 2B5

MLS® # X12640486

Property Information:

NEW PRICE!! POWER OF SALE -Opportunity for savvy Investor to acquire a turn-key investment, within walking distance to Western University, Downtown and Bus Transit routes. 2 1/2 - storey brick building located at northeast intersection of Wharncliffe Road North and Black Friars. New asphalt shingle roofing December 2024. Property features 4 units including -: one 5-bedroom unit over two floors, Bachelor unit & 2 two-bedroom units. Owned-forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income with full occupancy potential estimated at $89,000.00. Bachelor Unit currently vacant. Utilities are included in Rents. 3 Hydro Meters on site. Area is recognized as the heritage conservation District known as Blackfriars/Petersville. All expense information provided by owner, to be reconfirmed by buyer. Property is being sold where is as is. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2500 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 66 Feet
  • Lot Frontage: 44 Feet
  • Lot Size: 44 x 66 FT
  • Zoning: R2-2(19)
  • Sewer: Sanitary sewer

Courtesy of: RE/MAX ADVANTAGE REALTY LTD.

REALTOR.ca  

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 193 WHARNCLIFFE ROAD N, London North (North N), Ontario, N6H 2B5

Demographic Information of 193 WHARNCLIFFE ROAD N, London North (North N), Ontario, N6H 2B5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$98,849.15

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.47 %

High school certificate or equivalent

31.43 %

Apprenticeship trade certificate/diploma

3.59 %

College/non-university certificate

22.18 %

University certificate (below bachelor)

0.69 %

University Degree

30.64 %

Commuter

Travel To Work

By Car

73.8 %

By Public Transit

9.65 %

By Walking

11.88 %

By Bicycle

0.16 %

By Other Methods

4.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.13 %

Houses

38.87 %

Own Vs. Rent