FULLY LEASED ALMOST 2, 500 Month Positive Cashflow !


Property

Website:https://www.nestseekers.com/5590403
Address:
London East N5Z 1P9
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 6

Financials

Price:C769,900
($542,300)
(€476,100)
Annual Taxes:C6,012

Description

FULLY LEASED ALMOST $2,500/Month Positive Cashflow! Legal 5-unit property offering exceptional cash flow, featuring four spacious 2-bedroom units and one large 3-bedroom unit, each with their own full bath, kitchen, and own in-suite laundry. Meticulously updated and generously sized, every unit has its own hydro meter and separate entrance. Ideally located on a key arterial road just 2 km from the city's central business and administrative corridor, this property is surrounded by amenities that make it highly desirable for tenants, including public transit at the doorstep, grocery stores, restaurants, schools, and healthcare facilities within walking distance. It is also very close to the London Health Sciences Centre, Vauxhall Park, Boyle Memorial Park, and several community centres. The prime location supports its continued use as a strong multi-residential asset, offering excellent connectivity, access to essential services, and a stable urban setting conducive to long-term tenancy. Annual income of $90k + this is an outstanding investment opportunity.

Amenities

  • Other

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: