557 Ontario Street London, Ontario N5W 3X9
$649,000
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. (id:50886)
Property Details
| MLS® Number | 40599831 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Public Transit, Shopping |
| ParkingSpaceTotal | 5 |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 4 |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| ConstructedDate | 1920 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Brick Veneer |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1981 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| FenceType | Partially Fenced |
| LandAmenities | Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 108 Ft |
| SizeFrontage | 43 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R3-2 |
https://www.realtor.ca/real-estate/26983142/557-ontario-street-london
Interested?
Contact us for more information
Scott Russell
Broker of Record
226 Lakeshore Rd E
Oakville, Ontario L6J 1H8
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July 16 2024 07:36:35
Oakville, Milton & District Real Estate Board
Engel & Volkers Oakville