London, ON N5W 3X9,557 Ontario Street
$649,000
Est. payment /mo
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4 BD
3 BA
1,586 SqFt
Active

557 Ontario Street London, ON N5W 3X9

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UPDATED:

09/26/2024 04:06 PM

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


Listed by Engel & Volkers Oakville

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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557 Ontario Street