$1,100,000
Available - For Sale
Listing ID: X12023560
368 Calgary Stre , London East, N5W 4X5, Middlesex
| Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. |
| Price | $1,100,000 |
| Taxes: | $4609.00 |
| Occupancy: | Tenant |
| Address: | 368 Calgary Stre , London East, N5W 4X5, Middlesex |
| Acreage: | < .50 |
| Directions/Cross Streets: | Whitney St |
| Rooms: | 39 |
| Bedrooms: | 14 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Partially Fi |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Stone, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 10 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | School, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| BLUE FOREST REALTY INC. |
|
|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East H |
| Style: | 2-Storey |
| Tax: | $4,609 |
| Beds: | 14+1 |
| Baths: | 8 |
| Fireplace: | N |
| Pool: | None |
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