764 King

Home Details

Description

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. 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. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

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Additional media

-

Property taxes

$2,001.80 per year / $166.82 per month

Basement

Full

Basement

Part Fin

Year build

51-99

Type

Detached

Bedrooms

3

Bathrooms

2

Parking spots

3.0 Total

Floor

-

Balcony

-

Pool

None

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

Y