423 Central Ave

East F, London, N6B 2E4
FOR SALE
$769,900
Sold
$745,000
423 Central Ave, London
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
423 Central Ave
4
BEDROOMS
4
BATHROOMS
4
KITCHENS
13
ROOMS
X10445320
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-22 2024-12-20 28 $769,900 $745,000 Sold
2024-09-13 2024-11-23 71 $799,900 - Terminated
Property Description
Legal 4-Plex!! Pride Of Ownership Inside And Outside. Updated Throughout. 2017 Metal Roof/Cement Walkway And Parking Lot/Updated Electrical With 4 Tenant Panels/Updated Plumbing/Windows/Attic Insulation. New Furnace In 2018. Coin-Op Washer/Dryer 3 Year Old. Kitchens/Bathrooms/Appliances And Flooring All Updated. Quality Investment Property In Great Location. Unit 1-1 Bed At $1,210/Month. Unit 2-1 Bed At $1,173.62/Month. Unit 3-Bach At $990/Month. Unit 4-Bach At $990/Month Plus Approx. $125/Month For Laundry. Worry Free Investment With Very Little Work. 24 Hour Notice A Must For Viewing.
Property Details
Community
City
Property Type
Fourplex, 1 1/2 Storey
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Legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. LIVE IN 2 Bdrm+1 with FRONT DOOR ACCESS TO MAIN LEVEL, 4PC BATH, RECENTLY RENOVATED WITH POT LIGHTS & LAMINATE FLOORING; Your Mortgage = $4112/m; Collect 3 rents = $3625/m Property taxes + $287/m, your Total monthly payment = $774/m with Minimum Down Payment! **EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN THE VACANT FRONT UNIT AND HAVE THE OTHER 3 TENANTS PAY YOUR MORTGAGE.
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