$1,350,000

Investment For Sale In South London, London, Ontario

$1,350,000

Property Information:

TURN KEY INVESTORS DREAM PROPERTY! This building has been FULLY RENOVATED including roof, electrical, 4 new furnaces, A/C units, 4 kitchens, 4 bathrooms and more. Located just steps from Wortley Village & Downtown it is the prefect spot to rent to young professionals. All 4 units have 5 new appliances (including laundry) and are separately metered for electricity and gas. High end finishes include luxury vinyl plank flooring, quartz counter-tops, tiled showers, cabinetry. All units are currently rented. Rental licence will be issued by the City of London, shortly. **** EXTRAS **** Fire inspection complete, just waiting on paperwork to be filed and the rental licence will be issued. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 4
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 204.3 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: Bldg=66 x 204.38 FT
  • Zoning: R3-2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 10

Neighbourhood Notes:

Riverforks is a small neighbourhood located just west of Downtown. The natural beauty of the Thames River surrounds this neighbourhood on the north, east and west. There is a unique mix of single detached homes, mostly built in the late 19th and early 20th centuries. The neighbourhood is located a short distance from shopping areas in downtown and Wortley Village. There are also a few small businesses at the intersection of Stanley and Wharncliffe. Riverforks is located right on the banks of the Thames River, which gives its residents great access to the Thames Valley Parkway (TVP). Riverforks Park is in the neighbourhood along the TVP, and has a play structure, swing set, and community garden, all with great views of the river. Evergreen Park is located on the west side of the neighbourhood and has some nice walking trails and access to the TVP. Another main attraction in Riverforks is the London Children’s Museum, which attracts children and families from across Southwestern Ontario. Students who live in the neighbourhood may attend Victoria and St. Thomas More elementary schools, and London South and St. André Bessette secondary schools.

Courtesy of: Royal LePage Triland Realty

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