1 HIGH STREET

$1,449,900

South F, London South, Ontario

  • 14 beds
  • 10 baths
Commercial · Multi-familyType
15Parking
Other, OtherHeating
NoneCooling
368Days on market

About this property

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:66327)

Property details

Interior

Bedrooms
14
Bedrooms above grade
14
Bathrooms
10
Basement
Other, See Remarks, N/A
Appliances
Washer, Refrigerator, Stove, Range, Dryer, Microwave, Water Heater

Exterior & parking

Structure type
Other
Architectural style
[]
Lot size
79.5 x 42 FT
Parking spaces
15
Parking features
No Garage, Shared
View
City view, River view, View of water, Direct Water View
Exterior features
Brick, Vinyl siding

Building & HOA

Heating
Other, Other
Cooling
None

Financial & legal

List price
$1,449,900
Annual taxes
$19,355
Status
Active
MLS® number
X12378505

Location

City
London South
Neighbourhood
South F
Province
Ontario
Postal code
N6C4J5
Directions
Cross Streets: WELLINGTON RD. ** Directions: DRIVE NORTH ON WELLINGTON ROAD PAST GRAND AVE. THE PROPERTY IS ON THE LEFT JUST BEFORE CLARKS BRIDGE.

Mortgage calculator

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Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).