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$1,499,900

126 PRICE STREET, London, Ontario, N5Z 2J3

MLS® # X11965062

MULTIMEDIA

Property Information:

Perfect for multi-generational living or investment. Welcome to 126 Price St., a beautiful designed fourplex offering the best of both worlds; a perfect home for multi-generational living or an outstanding investment opportunity. With a total of eight bedrooms and eight bathrooms spread across four thoughtfully designed units, this property provides flexible living space for families, young professionals, or investors. Both of the 3-bedroom suites offers a spacious, open-concept living area, ideal for entertaining, while the 1-bedroom suites are perfect for singles or couples. The property features private entrances, separate utilities, in-suite laundry, and ample storage space, ensuring convenience and privacy for all residents. This investment gem is located in a desirable neighbourhood close to everything you need, including shopping, hospitals, and public transit. The property is fully fenced and includes parking for four vehicles, ensuring comfort and security. With established rental incomes of up to $2,550 per month plus utilities for the larger units, this fourplex promises an attractive 5.9% cap rate for savvy investors looking for long-term growth. Explore the potential of this versatile property today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 1652 sqft
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation
  • Floor Space (approx): 1652 Square Feet
  • Irregular: Yes
  • Lot Depth: 151.2 Feet
  • Lot Frontage: 47.1 Feet
  • Lot Size: Bldg=47.12 x 151.22 FT
  • Zoning: R2-2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX CENTRE CITY REALTY INC.

REALTOR.ca  

Location of 126 PRICE STREET, London, Ontario, N5Z 2J3

Demographic Information of 126 PRICE STREET, London, Ontario, N5Z 2J3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,778.77

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.24 %

High school certificate or equivalent

31.91 %

Apprenticeship trade certificate/diploma

6.86 %

College/non-university certificate

25.08 %

University certificate (below bachelor)

0.83 %

University Degree

9.08 %

Commuter

Travel To Work

By Car

85.06 %

By Public Transit

6.86 %

By Walking

3.0 %

By Bicycle

1.19 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.1 %

Houses

91.9 %

Own Vs. Rent