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Maria Tompson
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Your Company Name, Brokerage
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sales@bestforagents.com
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$749,900
Available - For Sale
Listing ID: X9253693
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $62,000 annually, with a Pro Forma worksheet available in the documents or can be forwarded upon request. With a remarkable cap rate of 8.3%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. Contact the listing agent for showings!
Price $749,900
Taxes: $2,490
Tax Type: Annual
Occupancy by: Tenant
Address: 387 Horton St East , London, N6B 1L6, Ontario
Postal Code: N6B 1L6
Province/State: Ontario
Legal Description: PT LT 9 , S/E HORTON STREET , BEING THE
Lot Size: 33 x 165 (Feet)
Directions/Cross Streets: COLBORNE & HORTON
Zoning: R8-4, AC4
Category: Apartment
Building Percentage: Y
Total Area: 3,000
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP

387 Horton St East , London, N6B 1L6, Ontario

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

 
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Type: Com - Investment
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style:
Lot Size: 33.00 x 165.00(Feet)
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Tax: $2,490
Maintenance Fee: $0
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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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