$699,900 $3,757 est/mo Sourced by Back At You

933 Elias Street,London, ON N5W 3P3

London ON, N5W 3P3

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Description

Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000. Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month. Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month. One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss!

Details

MLS#40549233
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1912
Days On Site70
Listing Provided ByEXP REALTY, BROKERAGE | Douglas Young

Features

Bed(s)5
Bath(s)4
SQ Feet1,469
BasementY
Story(s)2
Units3
ZoningR3-2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 33 seconds ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5W 3P3
AreaEast
SubareaEast G
Community NameEast G
Listing VS Median (in East G)
Price:
$699,900
low | high
Med:
$550,000
71.417345335048% of Average
SqFt:
1,469
low | high
Med:
1,496
48.162014976174% of Average
$ / SqFt:
$476
low | high
Med:
$368
72.835615171915% of Average
On Site:
70
low | high
Med:
24.000000
100% of Average
Sourced by Back At You
Listing Updated: March 9, 2024 at 1:52:48 PM PST