100 Mcclary Ave

ATTN INVESTORS/MULTIPLE PROPERTIES ALERT/UNDER MARKET VALUE/WORTLEY VILLAGE DUPLEXES AND TRIPLEX! This is a Rare Opportunity to purchase a bundled deal of 3 properties all within a 2km radius of each other in Wortley Village. Not just for investors, this could be for multi gen families or buyers looking to offset their mortgage payments. This is a TRIPLEX in a fantastic location, close proximity to downtown, bus routes, and commercial areas. Beautiful traditional architecture, high ceiling on lower unit with ample parking in rear (enough for 5+). Unit #1 is main floor: 1 bedroom, large living room with historical fireplace, 1 ensuite bathroom, large kitchen, and laundry. Unit #2 is upstairs, 3 bedroom, 1 large bath, large kitchen, and laundry. Unit #3 is a main floor bachelor/studio style with 1 bedroom, 1 bathroom, 1 kitchen, and laundry. Don't forget to check out: 47 Beaconsfield Ave, London (MLS: X9306029) and 22 Bruce St, London (MLS: X9306027)

This fully renovated seperately metered Three Unit Income Property in Manor Park works as an ideal seemless compliment to exisiting porfolios, as a solid first aquisition in the real estate investing world, and/or as a great oppurtunity to occupy one unit and generate income on the other units. The property just completed and passed fire and electrical safety inspections in July of 2024 helping reinforce this as a safe investment and/or new location to call home. As of December 1st the split level three bedroom and upper one bedroom unit will be vacant with sale (unless requested to be leased by buyer; negotiable to be vacant sooner). This property has been creatively designed to keep all the living space above grade; with all units having been recently renovated and all major elements being replaced or upgraded; with bonus storage units created and rented below grade providing an additional income stream. This property provides very close access to the high energy major transportaion routes for public transit and is situated near to shopping centres. The area also offers great naturscapes to explore including Eustace Park and The Coves protected area. This fully tenanted property offers an annual income of at over $50,000 after expenses this property is a prime candidate for a cash flowing asset projected at a 7%+ Cap Rate at asking. As noted the newly renovated basement space allows for additional income with storage units with the space freshly painted, spray foamed and the cielings drywalled. The shared basement space also features a laundry room with two washers and two dryers for usage between the tenants. Basement additionally waterproofed, insulated and ceiling / walls newly drywalled. Between the previous professional home inspection, the electrical safety authority inspection, and the fire inspection; it is of upmost importance to the current owner than the new buyer inherites a safe property. Detailed financials are also available and can be provided.

This hidden gem punctuates the neighbourhood in Historic Downtown Woodfield; a turnkey renovated triplex / three unit 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to six cars. Lord Roberts Public School and London Central Secondary School are within walking distance making this a great income property or the perfect multigenerational family home featuring three spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back. The home also features a legal two bedroom upper apartment w/ separate entrance and dedicated laneway and a one bed and one bath private front unit making it the perfect mortgage-helper or investment opportunity. Currently the main level rear three bedroom unit with two full baths and in suite laundry is rented with a recent lease for $1999/month; while the upper two bedroom unit and front one bedroom unit are currently vacant. The owners are projecting for the main level front one bedroom unit to rent for $1599/month and the upper two bedroom unit to rent out for $1399/month. The configuration would allow the main level two units to be opened up into a single oversized shared space. This property was operated as a succesful short term rental previously and would be well suited for an owner to occupy the upperor front unit and short term rent the main unit. It also presents the oppurtunity for an in demand midterm or long term rental with the flexibility to place profesionals, families or students. As Woodfield continues to develop and become a more and more souight after neighbourhood, secure your piece of history for the inevitable appreciation of the future.

Exciting Update on Rental Property! Achieving a 5.1% Cap Rate with Over $50,000 in Gross Income! Explore this property with an exceptionally deep lot, just moments away from Downtown, Western University, Fanshawe College, St. Joseph's Hospital, and numerous amenities. This two-story brick residence is fully occupied and ready for a new owner. It comprises lower, first, and second-floor units, each with its own entrance. The lower and first-floor units include utilities, while the second unit is separately metered for electricity. Additional revenue streams come from local businesses leasing parking spaces at the rear of the property. Don't miss out on this opportunity to own a slice of downtown London! Income and expense details are available upon request. This property is completely turnkey!

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait!