77/79 Cartwright St

London, N6B 2W6
FOR SALE
$875,000
Sold
$875,000
77/79 Cartwright St, London
77/79 Cartwright St
77/79 Cartwright St
77/79 Cartwright St
77/79 Cartwright St
77/79 Cartwright St
77/79 Cartwright St
77/79 Cartwright St
8
BEDROOMS
5
BATHROOMS
5
KITCHENS
18
ROOMS
X5679121
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-29 2022-08-02 34 $875,000 $875,000 Sold
Property Description
Prime Investment Opportunity In Woodfield Heritage District. 77-79 Cartwright Is A Large All Brick, 2.5 Story Fiveplex With A Detached Two Car Garage, Sitting On A 63.5 X 148 Ft Lot. This Fiveplex Offers Three - 1 Bedroom Units, One - 2 Bedroom Unit And One - 3 Bedroom Unit. A Total Net Income Of $45,408. Walking Distance To Downtown, Parks, Schools, Public Transit, And Major Amenities. Both The Units At 79 Cartwright Are Currently Vacant. 77-1 And 77-3 Will Be Vacant At The End Of August.
Extras
Fridge, Stove, Washer & Dryer. Excluding: Tenants Belongings
Property Features
Hospital, Park, Public Transit, School
Property Details
City
Property Type
Multiplex, 2 1/2 Storey
Lot Size
63' x 154'
Fronting
West
Taxes
$9,259 (2021)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Similar Listings
387 Horton St E, London
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BEDS
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BATHS
$795,000
FOR SALE
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!
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