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$ 1,772,000
Est. payment | /mo
$ 1,772,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision South G
MLS Listing ID X12472957
Annual Tax Amount $8,885
Tax Year 2024
Property Sub-Type Investment
Property Description
Purpose-Built 6-Plex in Old South - For Sale Excellent investment opportunity in one of London's most desirable neighbourhoods. This purpose-built six-unit apartment building is located on Base Line Road East near Wellington Road, adjacent to the Seasons Retirement Home. The property is fully leased and features four spacious 2-bedroom units and two 1-bedroom basement units. All tenants are currently on month-to-month leases, providing flexibility for future management or repositioning. Highlights include: Unit 1 is fully accessible with ramp access, Generously sized suites with large bedrooms and ample closet space , In-suite laundry with full-sized washer and dryer in every unit , Modern interiors featuring high-quality flooring and finishes, Shared hallway for basement units. Confidentiality Agreement required to access financial information. Showings of individual units available upon accepted Letter of Interest.
Location
Province ON
County Middlesex
Area Middlesex
Zoning R3-1 R8 - 3 (8)
Interior
Cooling Yes
Inclusions Stove - 6 Fridge - 6 Dishwasher 6 - Washing Machine - 6 Dryer - 6
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 71.96
Lot Depth 142.06
Building
Building Age 6-15
Others
Security Features No
ParcelsYN No
Listed by GLEED INC.
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Colin Abbot
Broker, Team Leader | License ID: 9636655