Opportunity knocks for savvy Investor to acquire a turn-key investment, within walking distance to Western University, Downtown and Bus Transit routes. Fully rented 2/1/2 -storey brick building located at northeast intersection of Wharncliffe Road North and Black Friars. New asphalt shingle roofing December 2024. Property features 4 units including -: one 5-bedroom unit over two floors, Bachelor unit & 2 two-bedroom units. Owned-forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,220.00. Utilities are included in Rents. 3 Hydro Meters on site. |
Price | $1,000,000 |
Taxes: | $5537.40 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 193 Wharncliffe Rd North , London, N6H 2B5, Ontario |
Postal Code: | N6H 2B5 |
Province/State: | Ontario |
Legal Description: | PT LT 20 PLAN 58(W) AS IN 764932; S/T & |
Lot Size: | 44.00 x 66.00 (Feet) |
Directions/Cross Streets: | Drive North on Wharncliffe Road North to intersection North East Wharncliffe Road North and Black Fr |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2500.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 2500 |
Office/Appartment Area Code: | Sq Ft |
Area Influences: | Public Transit |
Approximatly Age: | 100+ |
Financial Statement: | N |
Taxes Expense: | $5537 |
Insurance Expense: | $6500 |
Heat Expenses: | $4305 |
Hydro Expense: | $4431 |
Water Expense: | $6092 |
Year Expenses: | 2024 |
Expenses Actual/Estimated: | $Est |
Sprinklers: | Part |
Rail: | N |
Clear Height Feet: | 8 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ADVANTAGE REALTY LTD. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Middlesex |
Municipality: | London |
Neighbourhood: | North N |
Lot Size: | 44.00 x 66.00(Feet) |
Approximate Age: | 100+ |
Tax: | $5,537.4 |