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635 Grand View Avenue London, Ontario N6K 3G1

6 Bedroom 5 Bathroom 2499.9795 - 2999.975 sqft
Fireplace Central Air Conditioning Forced Air

$899,900

Wonderful opportunity for investors, multi-generational families and those looking for a mortgage helper in Byron, one of London's most coveted neighborhoods. The cap rate for the property is well above 7%. The main unit would rent between $3,000-$3,500/month based on recent comparables. Two one bedroom units in the basement are currently generating $2,480/month total in rent. Upstairs unit is a 4 bedroom, 3 bathroom home with generous sized rooms, breathtaking cathedral ceilings, built in appliances, a gourmet over-sized chefs fridge, brick fireplace, skylights, custom counter-tops, a gorgeous deck and more. The massive 2 car garage, ample storage throughout the home as well as extra space downstairs in the mechanical room add even more storage for the main unit. This amazing property is merely steps away from Boler Mountain, with the ski lift visible as you come around the bend to pull into home. Close-by parks like Scenic View and Grand View provide all sorts of activities for the outdoor and nature lover in you. With great neighborhood appeal to renters and very few options, this property rents easily and the basement residential units are currently rented below market value. Check out the pictures, take a 3D virtual tour and book your showing today. (id:38414)

Property Details

MLS® Number X12048100
Property Type Multi-family
Community Name South K
AmenitiesNearBy Park, Schools, Ski Area
EquipmentType Water Heater - Gas
Features Wooded Area, Sloping, Lighting, Sump Pump, In-law Suite
ParkingSpaceTotal 5
RentalEquipmentType Water Heater - Gas
Structure Deck, Shed

Building

BathroomTotal 5
BedroomsAboveGround 4
BedroomsBelowGround 2
BedroomsTotal 6
Age 31 To 50 Years
Amenities Fireplace(s)
Appliances Oven - Built-in, Central Vacuum, Range, Water Heater, Dryer, Microwave, Oven, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
ConstructionStatus Insulation Upgraded
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding, Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 1
FlooringType Hardwood, Tile
FoundationType Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2499.9795 - 2999.975 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Park, Schools, Ski Area
Sewer Sanitary Sewer
SizeDepth 118 Ft
SizeFrontage 52 Ft
SizeIrregular 52 X 118 Ft
SizeTotalText 52 X 118 Ft|under 1/2 Acre
ZoningDescription R1-6

Rooms

Level Type Dimensions
Second Level Primary Bedroom 5.28 m x 6.36 m
Second Level Bedroom 2 3.44 m x 3.34 m
Second Level Bedroom 3 3.43 m x 3.33 m
Second Level Bedroom 4 3 m x 2.93 m
Basement Bathroom 3.81 m x 3.81 m
Basement Bathroom 4.13 m x 3.04 m
Main Level Living Room 3.5 m x 3.51 m
Main Level Dining Room 2.87 m x 3 m
Main Level Kitchen 4.14 m x 7.23 m
Main Level Family Room 4.14 m x 5.12 m
Main Level Laundry Room 1.76 m x 5.5 m

Utilities

Cable Installed
Sewer Installed

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