524 Egerton St

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.

Heres the chance you've been waiting for to own a peice of "Old South Charm" in this expansive 6 plex Investment , just steps away from Historic Wortley Village. Being offered for sale for the first time in over Four Decades, this gem offers huge Potential for the Creative Buyer/ Owner Occupier willing to take steps to Maximize their Return on Investment and bring this building back to its Glory Days! Building Mix includes Owners Main floor 4 bedroom House with original wood trim finishes thru out and gas fireplace, 2 x 3 bedroom Units , 2 x 2 Bedroom Units and a 1 bedroom Lower each with there own unique charm. Deep 205 ft lot may offer more potential for now City accepted ARU ( additional rental units). If your a "Serious Investor" looking to grow your portfolio and with the means to create value, you dont want to miss Old South opportunity !

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80,761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options.

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT.

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. Contact the listing agent for showings!