279 HILL STREET

$779,000

East K, London East, Ontario

  • 7 beds
  • 5 baths
Commercial · Multi-familyType
5Parking
Baseboard heaters, ElectricHeating
158Days on market

About this property

Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex – Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don’t miss out! (id:45603)

Property details

Interior

Bedrooms
7
Bedrooms above grade
7
Bathrooms
5
Storeys
2
Basement
Finished, N/A

Exterior & parking

Structure type
Other
Architectural style
[]
Lot size
34.2 x 101.5 FT
Parking spaces
5
Parking features
No Garage
Exterior features
Wood, Brick

Building & HOA

Heating
Baseboard heaters, Electric

Financial & legal

List price
$779,000
Annual taxes
$4,308 (2025)
Status
Active
MLS® number
X12928938

Location

City
London East
Neighbourhood
East K
Province
Ontario
Postal code
N6B1E1
Directions
Cross Streets: Wellington & Hill St. ** Directions: East off Wellington Road.

Mortgage calculator

estimated / month

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

Location & neighbourhood

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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).