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$1,499,900

London South (South F) ON, N6C 4J5

MLS® # X12378505

Property Information:

Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, Thames Valley Parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the Thames River! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in London! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Heating Controls
  • Basement Development: Other, See Remarks
  • Basement Type: N/A
  • Easement: Easement
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 5000 - 100000 sqft
  • Heating Type: Other
  • Cooling Type: None
  • Appliances: Dryer, Microwave, Range, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 14
  • Bathrooms: 10
  • Access Type:
  • Amenities Nearby: Public Transit
  • Features: Wooded area, Irregular lot size, Ravine, Lighting, Sump Pump
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 42.0 Feet
  • Lot Frontage: 79.5 Feet
  • Lot Size: 79.5 x 42 FT
  • Structure Type: Deck, Patio(s), Shed
  • Surface Water:
  • Utility Type: Hydro - Installed, Sewer - Installed
  • View Type: City view, River view, View of water
  • WaterFront Type: Waterfront
  • Zoning: OS4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Shared
  • No. of Parking Spaces: 15

Courtesy of: BLUE FOREST REALTY INC.

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 1 HIGH STREET, London South (South F), Ontario, N6C 4J5

Demographic Information of 1 HIGH STREET, London South (South F), Ontario, N6C 4J5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$72,050.94

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.0 %

High school certificate or equivalent

36.53 %

Apprenticeship trade certificate/diploma

4.04 %

College/non-university certificate

22.16 %

University Degree

13.27 %

Commuter

Travel To Work

By Car

75.6 %

By Public Transit

14.67 %

By Walking

5.72 %

By Bicycle

0.0 %

By Other Methods

4.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.81 %

Houses

40.19 %

Own Vs. Rent