126 Price Street London, Ontario N5Z 2J3
$1,400,000
Perfect for multi-generational living or investment. Welcome to 126 Price St., a beautiful designed fourplex offering the best of both worlds; a perfect home for multi-generational living or an outstanding investment opportunity. With a total of eight bedrooms and eight bathrooms spread across four thoughtfully designed units, this property provides flexible living space for families, young professionals, or investors. Both of the 3-bedroom suites offers a spacious, open-concept living area, ideal for entertaining, while the 1-bedroom suites are perfect for singles or couples. The property features private entrances, separate utilities, in-suite laundry, and ample storage space, ensuring convenience and privacy for all residents. This investment gem is located in a desirable neighbourhood close to everything you need, including shopping, hospitals, and public transit. The property is fully fenced and includes parking for four vehicles, ensuring comfort and security. With established rental incomes of up to $2,550 per month plus utilities for the larger units, this fourplex promises an attractive 6.57% cap rate for savvy investors looking for long-term growth. Explore the potential of this versatile property today! (id:38414)
Property Details
| MLS® Number | X11965063 |
| Property Type | Multi-family |
| Community Name | East M |
| AmenitiesNearBy | Hospital, Park, Place Of Worship |
| Features | Level Lot, Flat Site, Sump Pump |
| ParkingSpaceTotal | 4 |
| Structure | Deck, Porch |
| ViewType | City View |
Building
| BathroomTotal | 8 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Age | New Building |
| Amenities | Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning, Air Exchanger, Ventilation System |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| FireplacePresent | Yes |
| FireplaceTotal | 4 |
| FoundationType | Concrete, Poured Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 4999.958 - 99999.6672 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Hospital, Park, Place Of Worship |
| Sewer | Sanitary Sewer |
| SizeDepth | 151 Ft ,2 In |
| SizeFrontage | 47 Ft ,1 In |
| SizeIrregular | 47.1 X 151.2 Ft |
| SizeTotalText | 47.1 X 151.2 Ft |
| ZoningDescription | R2-2 |
Utilities
| Cable | Installed |
| Sewer | Installed |
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March 25 2025 02:22:47
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.