367 Huron Street, London, ON, N6A 2K3

$899,900

MLS® # 40607790

House For Sale In North London, London, Ontario

$899,900

  • 6

    Bedrooms

  • 3

    Baths

  • 4

    Parking Spaces

Property Information:

Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This impressive property is currently leased out for $6,570/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. 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 current lease is from May 1, 2024 – April 30, 2025 and generates $78,840/year in rental revenue, representing a cap rate of 8.0% at the current list price. 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.

Inclusions: Dishwasher,Dryer,Refrigerator,Stove,Washer

Building Features:

  • Floor Space: 1706 Square Feet

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3+0
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Basement: Full, Finished
  • Construction Materials: Vinyl Siding
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 1706 Square Feet
  • Heating: Natural Gas
  • Interior Features: Other
  • Lot Depth: 145.5 Feet
  • Lot Features: Urban, City Lot, Landscaped, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 40.70 Feet
  • Parking Features: Attached Garage
  • Roof: Shingle
  • Water Source: Municipal
  • Zoning: R1-4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom Main Level 1.68 X 2.64
  • Primary Bedroom 2nd Level 3.78 X 5.46
  • Kitchen Main Level 2.57 X 6.27
  • Bedroom 2nd Level 4.55 X 3.05
  • Laundry Other level :Lower 3.25 X 5.94
  • Bathroom 2nd Level 3.00 X 2.82
  • Bedroom Main Level 4.09 X 3.99
  • Dining Main Level 4.09 X 4.17
  • Bedroom Main Level 4.44 X 4.09
  • Bedroom 2nd Level 3.78 X 3.00
  • Bedroom Other level :Lower 3.35 X 4.98
  • Bathroom Other level :Lower 2.90 X 1.12

Courtesy of: COLDWELL BANKER POWER REALTY, BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos