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324 Wolfe Street London East, Ontario N6B 2C5

8 Bedroom 8 Bathroom 5000 - 100000 sqft
Wall Unit, Air Exchanger Hot Water Radiator Heat

$1,799,000

Fabulous Downtown location this purpose-built 8-Plex is Stunning on the corner of Wolfe and Waterloo, minutes from Victoria Park, Richmond row restaurants and the Downtown. Beautiful updated apartments with great reno creating great south-exposure walls of windows for the kitchen and living areas. These well appointed, character-filled 6 large 1 bedroom units and 2 Artsy Studio type units - each with their own hot water tank (new 2024) and Electric A/C air exchange units (2024) - separately metered-Tenants pay their own hydro. The Building is always rented: Current Annual income for 2025 proj. of $147,122.40 with current rents-rare vacancies. (Expenses in 2024 $39,258.87) Solid long-term investment in a quality area with possibility of upside in rent. Fire & Hydro approved and well-kept with great Tenants. Parking for 9 cars (3 unused now). This is a long-term solid investment. Please call to arrange showings (fully rented so please allow at least 24 hours). All questions call Christine Crncich, 519 670-6989. (id:38414)

Property Details

MLS® Number X12204886
Property Type Multi-family
Community Name East F
Features Flat Site, Carpet Free
ParkingSpaceTotal 9

Building

BathroomTotal 8
BedroomsAboveGround 8
BedroomsTotal 8
Age 100+ Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Stove, Refrigerator
BasementDevelopment Finished
BasementFeatures Walk Out
BasementType Full (finished)
CoolingType Wall Unit, Air Exchanger
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Unknown, Stone
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 3
SizeInterior 5000 - 100000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 53 Ft
SizeFrontage 99 Ft ,8 In
SizeIrregular 99.7 X 53 Ft
SizeTotalText 99.7 X 53 Ft|under 1/2 Acre
ZoningDescription Oc2, R3-2

Utilities

Cable Installed
Electricity Installed
Sewer Installed

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