557 Ontario Street Active Save Request In-Person Tour Request Virtual Tour
London,ON N5W 3X9
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,586 sqft
Price per Sqft $409
MLS Listing ID 40599831
Bedrooms 4
Abv Grd Liv Area 1,981
Originating Board Oakville
Year Built 1920
Annual Tax Amount $2,644
Property Description
Welcome to a fantastic triplex investment opportunity in East London. This fully leased property is ideally located just a 10-minute drive from Western University and only 7 minutes from downtown, making it perfect for attracting quality tenants.
Each unit is occupied by great tenants who maintain a clean and friendly living environment. Shared laundry facilities are conveniently located in the basement. The property also features a stand-alone oversized garage with high ceilings, presenting excellent potential to develop a fourth unit or lease it out as storage for additional income.
Location
Province ON
County Middlesex
Area East
Zoning R3-2
Direction Elias & Central Avenue
Rooms
Basement Separate Entrance,Partial,Partially Finished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Refrigerator,Stove
Laundry Shared
Exterior
Garage Detached Garage
Garage Spaces 2.0
Fence Fence - Partial
Waterfront No
Roof Type Asphalt Shing
Porch Porch
Lot Frontage 43.01
Lot Depth 108.0
Parking Type Detached Garage
Garage Yes
Building
Lot Description City Lot,Hospital,Public Transit,Shopping Nearby
Faces Elias & Central Avenue
Story 2
Foundation Brick/Mortar,Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 082830039
Ownership Freehold/None