$1,465,000

Investment For Sale In Argyle, London East (East I), Ontario

$1,465,000

Property Information:

Turn-key, brand new investment opportunity! This newly built legal fourplex sits on a prominent corner lot at Marconi Blvd & Marconi Crt and is fully ready for immediate rental income. An excellent opportunity for both investors and owner-occupied buyers looking to live in one unit while generating strong rental income from the others.The property includes two spacious upper two-storey units, each offering 4 bedrooms, along with two separate lower units, each featuring 2 bedrooms.Every unit is individually metered for water and gas and has its own in-suite laundry, providing modern convenience for tenants and simplified management for owners. Fully legal and City-approved, this turn-key build is a premium, low-maintenance addition to any rental portfolio or live-in investment strategy. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full, N/A, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+4
  • Bathrooms: 9
  • Half Bathrooms: 3
  • Features: Irregular lot size
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 120.5 Feet
  • Lot Frontage: 48.1 Feet
  • Lot Size: 48.1 x 120.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom Basement Level 3.58 m x 3.02 m
  • Bedroom Basement Level 5.15 m x 2.59 m
  • Bedroom Basement Level 2.72 m x 3.15 m
  • Bedroom Basement Level 2.72 m x 3.15 m
  • Living Main Level 5.22 m x 5.31 m
  • Den Main Level 5.15 m x 2.59 m
  • Living Main Level 3.28 m x 4.63 m
  • Kitchen Main Level 3.90 m x 4.10 m
  • Kitchen Main Level 2.43 m x 3.74 m
  • Bedroom Upper Level 3.77 m x 3.41 m
  • Bedroom Upper Level 3.77 m x 3.35 m
  • Bedroom Upper Level 3.74 m x 3.71 m
  • Bedroom Upper Level 3.35 m x 3.02 m
  • Bedroom Upper Level 3.38 m x 3.02 m
  • Bedroom Upper Level 3.41 m x 3.22 m
  • Bedroom Upper Level 3.84 m x 4.56 m
  • Bedroom Upper Level 3.77 m x 3.41 m

Courtesy of: Royal LePage Triland Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.