ON > London
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
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Peter Torkan

Peter Torkan

+1(416) 847-5288
$ 1,198,000
Est. payment | /mo

5 Beds

6 Baths

Save Virtual Tour
$ 1,198,000
Est. payment | /mo
Save Virtual Tour

5 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

MLS Listing ID X10432559

Style 2-Storey

Bedrooms 5

Annual Tax Amount $8,738

Tax Year 2024

Property Description

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area!

Location

State ON

County Middlesex

Community East B

Area Middlesex

Region East B

City Region East B

Rooms

Family Room Yes

Basement Finished

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 7.0

Pool None

Roof Type Shingles

Total Parking Spaces 9

Building

Unit Features River/Stream,Park,Cul de Sac/Dead End,Hospital,School,Public Transit

Foundation Concrete

Listed by CENTURY 21 FIRST CANADIAN CORP
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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159 St James ST