$4,500,000
Available - For Sale
Listing ID: X10408630
93 High St , London, N6C 4J8, Ontario
| This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out! |
| Price | $4,500,000 |
| Taxes: | $44866.41 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 93 High St , London, N6C 4J8, Ontario |
| Postal Code: | N6C 4J8 |
| Province/State: | Ontario |
| Legal Description: | PT LT 8 S GRAND AVENUE , PL 1(4TH) , AS |
| Lot Size: | 49.67 x 291.00 (Feet) |
| Directions/Cross Streets: | Off Grand Ave |
| Category: | Apartment |
| Building Percentage: | Y |
| Total Area: | 0.48 |
| Total Area Code: | Acres |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| 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: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | South F |
| Lot Size: | 49.67 x 291.00(Feet) |
| Tax: | $44,866.41 |
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