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$1,000,000
Available - For Sale
Listing ID: X11898902
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: $5,537.4
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 x 66 (Feet)
Directions/Cross Streets: Drive North on Wharncliffe Road North to intersection North East Wharncliffe Road North and Black Fr
Zoning: R2-2(19)
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2,500
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
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ADVANTAGE REALTY LTD.

193 Wharncliffe Rd North , London, N6H 2B5, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Middlesex
Municipality: London
Neighbourhood: North N
Style:
Lot Size: 44.00 x 66.00(Feet)
Approximate Age: 100+
Tax: $5,537.4
Maintenance Fee: $0
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