64 Duchess
South F | London
$1,499,900.00
Listed about 1 month ago
- 7 bed
- 5 bath
- - sqft
- 10 parking
- Multi-family
Property history
- Now
- Listed on Sep 5, 2024
Listed for $1,499,900.00
32 days on market
Location & area
Schools nearby
Home Details
- Description
- Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $81,901.84 and a current cap rate of 5.46%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (id:39198)
- Additional media
- https://tours.snaphouss.com/64duchessavenuelondonon
- Property taxes
- $6,546.02 per year / $545.50 per month
- Basement
- Full
- Year build
- -
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 5
- Parking spots
- 10 Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Radiant heat, Natural gas
- Fire place(s)
- -
Listing Brokerage
- MLS® Listing
- X9300237
- Brokerage
- KELLER WILLIAMS LIFESTYLES
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