13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building.


Property

Website:https://www.nestseekers.com/5452960
Address:
London East N6B 1W6
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,799,900
($1,322,500)
(€1,129,800)
Annual Taxes:C13,541

Description

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.

Amenities

  • Other

Contact

505 Park Ave, New York, NY 10022