ON > London East (east K) > East K
London East (east K), ON N6B1J5,292 SIMCOE STREET
London East (east K), ON N6B1J5,292 SIMCOE STREET
London East (east K), ON N6B1J5,292 SIMCOE STREET
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
31
May
Sun
1
Jun
Mon
2
Jun
Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$1,690,000
Est. payment /mo
9 Beds
9 Baths
700 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $2,414

Subdivision East K

MLS® Listing ID X12163736

Bedrooms 9

Source London and St. Thomas Association of REALTORS®

Property Description

This place is absolutely money maker. Incredible cap rate of 6.5%. This lovely 5 unit town house consist of unit 1 1 bedroom upstairs with finished basement that has a laundry and rec room. unit 2,3,4 and 5 are exact same and they all are consist of 2 bedroom upstairs with a full bathroom as well as finished basement with full bathroom, rec room and laundry area. This lovely well managed complex has gone through full renovation in 2023. new 25 years warranty roof, new windows, new doors ,led lights all around ,new bathrooms, new electrical panels, new plumbing, new flooring, new paint, new kitchen and all units has stainless steel appliances. (stove, range hood, fridge, dishwasher, washer and dryer) All units also have heat pumps on main and second floors that provide hot and cold air. 4 out of 5 units are fully rented. unit 4 is kept vacant for showing purpose. approximately 9k net profit per month. Beautiful multi unit investment opportunity in the downtown core. very low property taxes. huge back parking lot space can fit up to 12 cars. Video surveillance system help managing your investment. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Wall unit

Exterior

Parking Features No

Fence Fully Fenced

View Y/N Yes

View City view

Total Parking Spaces 12

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Read Less Info
Powered by: REALTOR.ca
Listed by CENTURY 21 FIRST CANADIAN CORP

GET MORE INFORMATION

agent

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Muhamed Awada, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.