$799,999
Available - For Sale
Listing ID: X13830312
86 Wilson Avenue , London North, N6H 1X7, Middlesex
| 86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request. |
| Price | $799,999 |
| Taxes: | $4727.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 86 Wilson Avenue , London North, N6H 1X7, Middlesex |
| Directions/Cross Streets: | Chandler and Wilson |
| Rooms: | 15 |
| Rooms +: | 4 |
| Bedrooms: | 8 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Finished, Partially Fi |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom | 9.15 | 16.66 | |
| Room 2 | Main | Bedroom | 10.07 | 8.07 | |
| Room 3 | Main | Bedroom | 10.2 | 8.07 | |
| Room 4 | Main | Kitchen | 12.43 | 16.04 | |
| Room 5 | Main | Bathroom | 5.22 | 7.61 | 3 Pc Bath |
| Room 6 | Main | Foyer | 12.96 | 13.68 | |
| Room 7 | Basement | Living Ro | 18.99 | 12.66 | |
| Room 8 | Main | Bedroom | 11.38 | 8.63 | |
| Room 9 | Main | Bedroom | 13.15 | 8.63 | |
| Room 10 | Main | Kitchen | 14.04 | 11.05 | |
| Room 11 | Main | Bathroom | 4.95 | 9.61 | |
| Room 12 | Basement | Bedroom | 12.43 | 9.64 | |
| Room 13 | Basement | Living Ro | 16.99 | 9.64 | |
| Room 14 | Basement | Laundry | 7.97 | 17.38 | |
| Room 15 | Main | Living Ro | 15.25 | 7.54 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | Bungalow |
| Exterior: | Board & Batten , Concrete Block |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 7 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Fenced Yard, 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: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| THRIVE REALTY GROUP INC. |
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Dir:
416-828-2535
Bus:
647-462-9629
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Middlesex |
| Municipality: | London North |
| Neighbourhood: | North N |
| Style: | Bungalow |
| Approximate Age: | 100+ |
| Tax: | $4,727 |
| Beds: | 8+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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