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368 Calgary Street London East, Ontario N5W 4X5

15 Bedroom 8 Bathroom
Other Landscaped

$1,100,000

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:38414)

Property Details

MLS® Number X12023560
Property Type Multi-family
Community Name East H
AmenitiesNearBy Schools, Public Transit, Park, Place Of Worship
ParkingSpaceTotal 10
Structure Patio(s)

Building

BathroomTotal 8
BedroomsAboveGround 14
BedroomsBelowGround 1
BedroomsTotal 15
Appliances Dryer, Stove, Washer, Refrigerator
BasementDevelopment Partially Finished
BasementType N/a (partially Finished)
ExteriorFinish Stone, Vinyl Siding
HeatingType Other
StoriesTotal 2
Type Other
UtilityWater Municipal Water

Parking

No Garage
Shared

Land

Acreage No
LandAmenities Schools, Public Transit, Park, Place Of Worship
LandscapeFeatures Landscaped
Sewer Sanitary Sewer
SizeDepth 115 Ft
SizeFrontage 125 Ft ,1 In
SizeIrregular 125.16 X 115 Ft
SizeTotalText 125.16 X 115 Ft|under 1/2 Acre
ZoningDescription R2-3

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March 17 2025 07:50:43

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