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Royal LePage
Royal LePage
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$1,999,999

London North ON, N6G 2E5

MLS® # X12432607

Property Information:

Welcome to this rare 4 combined townhouses, 5 unit, multi-family property situated on nearly half an acre, just minutes from Western University. This well-maintained building features 4 attached townhomes plus an additional unit, offering excellent rental income potential and strong tenant demand in one of the city's most sought-after areas. The property consists of: Three spacious 3-bedroom, 2-bathroom units; One large 5-bedroom, 2-bathroom unit; One 1-bedroom, 1-bathroom unit. Each residence boasts generously sized layouts, ideal for students, professionals, and families alike. Ample parking on-site ensures convenience for tenants, while the nearly half-acre lot offers future development or expansion potential (buyer to verify). With its proximity to Western University, transit, shopping, and amenities, this property is a turnkey investment opportunity in one of London's strongest rental markets. This property is offered power-of-sale (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 18417 sqft
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 9
  • Amenities Nearby: Public Transit, Recreation
  • Floor Space (approx): 18417 Square Feet
  • Lot Depth: 209.0 Feet
  • Lot Frontage: 56.0 Feet
  • Zoning: R5-4
  • No. of Parking Spaces: 16

Courtesy of: RE/MAX COMMUNITY REALTY INC., EXP REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 210-216 HOMESTEAD CRESCENT, London North, Ontario, N6G 2E5

Demographic Information of 210-216 HOMESTEAD CRESCENT, London North, Ontario, N6G 2E5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$161,132.33

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.35 %

High school certificate or equivalent

25.75 %

Apprenticeship trade certificate/diploma

4.05 %

College/non-university certificate

23.82 %

University certificate (below bachelor)

2.95 %

University Degree

31.08 %

Commuter

Travel To Work

By Car

85.35 %

By Public Transit

4.07 %

By Walking

3.24 %

By Bicycle

0.0 %

By Other Methods

7.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.55 %

Houses

81.45 %

Own Vs. Rent

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