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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com
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$1,999,000
Available - For Sale
Listing ID: X11894325
Rare opportunity to purchase a building like this in the core area. Solid brick 12 unit apartment building. Huge upside potential with rents in the $1350. A month range of value of $2,800,000 at 5% cap rate potential rents of $1600 a month with high end finishes to the units and a projected market value of almost $3,600,000 at a 5% cap rate. Lots of parking in the back parking lot. Solid built building. Roof approx. 8 years old. Located right downtown within walking distance to shops, Victoria park and all amenities. 11 one bedroom apartments and 1 bachelor apartment. Laundry located in lower level.
Price $1,999,000
Taxes: $22,869.7
Assessment Year: 2023
Address: 29 Cartwright St , London, N6B 2W5, Ontario
Lot Size: 60 x 166 (Feet)
Acreage: < .50
Directions/Cross Streets: DUFFERIN
Rooms: 47
Bedrooms: 8
Bedrooms +: 3
Washrooms: 12
Kitchens: 8
Kitchens +: 4
Family Room: N
Basement: None
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 12
Pool: None
Approximatly Age: 51-99
Property Features: Hospital
Library
Park
Place Of Worship
Public Transit
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: None
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
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SUTTON GROUP - SELECT REALTY

29 Cartwright St , London, N6B 2W5, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style: 3-Storey
Lot Size: 60.00 x 166.00(Feet)
Approximate Age: 51-99
Tax: $22,869.7
Maintenance Fee: $0
Beds: 8+3
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Office: 416-548-7854       Mobile: 416-548-7854      Fax: 416-981-7184         Toll Free: 1-866-382-2968
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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