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367 Huron Street London, Ontario N6A 2K3

6 Bedroom 3 Bathroom 1499.9875 - 1999.983 sqft
Wall Unit Hot Water Radiator Heat

$849,900

Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This property is currently leased out for $6,734/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The current lease is from May 1, 2025 April 30, 2026 and generates $80,811/year in rental revenue, representing an impressive 8.7% CAP RATE at the current list price. This property has always been rented with ease based on the location and bedroom sizes and has never seen a vacancy since the owner has taken possession. The house includes 2 large bedrooms on the main level, 3 spacious bedrooms upstairs and 1 bedroom in the lower level. Each floor conveniently has a full bathroom and there is a large laundry room in the basement. Fantastic covered porch at front of home and deep private drive with single car garage provides for ample parking. The fully fenced backyard is great for entertaining and includes a custom built deck and large grass area perfect for activities. Recent updates include Roof (2020), 3 energy efficient ductless split units for heating & cooling (2019), Gas boiler updated (2012) and painting & lighting throughout. This property is conveniently located on a bus route and walking distance to UWO, Gibbons Park, Downtown London and the Masonville Mall district. (id:38414)

Property Details

MLS® Number X12029058
Property Type Single Family
Community Name East B
AmenitiesNearBy Park, Place Of Worship, Public Transit
EquipmentType Water Heater
Features Carpet Free
ParkingSpaceTotal 4
RentalEquipmentType Water Heater
Structure Deck, Porch

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Brick, Vinyl Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 2
SizeInterior 1499.9875 - 1999.983 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Park, Place Of Worship, Public Transit
Sewer Sanitary Sewer
SizeDepth 145 Ft ,6 In
SizeFrontage 40 Ft ,8 In
SizeIrregular 40.7 X 145.5 Ft
SizeTotalText 40.7 X 145.5 Ft
ZoningDescription R1-4

Rooms

Level Type Dimensions
Second Level Primary Bedroom 3.378 m x 5.46 m
Second Level Bedroom 3 3.78 m x 3 m
Second Level Bedroom 4 4.55 m x 3.05 m
Second Level Bathroom 3 m x 2.82 m
Basement Bathroom 2.9 m x 1.12 m
Basement Bedroom 5 3.35 m x 4.98 m
Main Level Bedroom 4.44 m x 4.09 m
Main Level Bedroom 2 4.09 m x 3.99 m
Main Level Dining Room 4.09 m x 4.17 m
Main Level Kitchen 2.57 m x 6.27 m
Main Level Bathroom 1.68 m x 2.64 m

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March 25 2025 02:25:41

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