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Royal LePage
Royal LePage
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$499,900

764 KING STREET, London, Ontario, N5W 2X4

QuickQuoteTM: $497K - $593K
MLS® # X10412015

3 Beds

2 Baths

Property Information:

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water purifier

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Irregular: Yes
  • Lot Depth: 164.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 164 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom 2nd Level 4.30 m x 2.70 m
  • Bedroom 2nd Level 3.80 m x 3.00 m
  • Bedroom 2nd Level 3.20 m x 2.40 m
  • Recreation Room Basement Level 5.40 m x 3.20 m
  • Laundry Basement Level 5.00 m x 2.00 m
  • Kitchen Ground Level 3.50 m x 2.80 m
  • Dining Ground Level 4.10 m x 3.10 m
  • Living Ground Level 3.70 m x 3.70 m

Convert Measurement to:


Courtesy of: INITIA REAL ESTATE (ONTARIO) LTD

REALTOR.ca  

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Location of 764 KING STREET, London, Ontario, N5W 2X4

Demographic Information of 764 KING STREET, London, Ontario, N5W 2X4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$61,764.42

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.42 %

High school certificate or equivalent

32.35 %

Apprenticeship trade certificate/diploma

4.49 %

College/non-university certificate

21.08 %

University certificate (below bachelor)

2.07 %

University Degree

18.58 %

Commuter

Travel To Work

By Car

74.35 %

By Public Transit

15.73 %

By Walking

6.55 %

By Bicycle

0.0 %

By Other Methods

3.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.14 %

Houses

25.86 %

Own Vs. Rent

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