$499,900

House For Sale In East London, London, Ontario

$499,900
  • 3

    Bedrooms

  • 2

    Baths

  • 33 x 164 FT

    Lot Size

Property Information:

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water purifier

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Irregular: Yes
  • Lot Depth: 164.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 164 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom 2nd Level 4.30 m x 2.70 m
  • Bedroom 2nd Level 3.80 m x 3.00 m
  • Bedroom 2nd Level 3.20 m x 2.40 m
  • Recreation Room Basement Level 5.40 m x 3.20 m
  • Laundry Basement Level 5.00 m x 2.00 m
  • Kitchen Ground Level 3.50 m x 2.80 m
  • Dining Ground Level 4.10 m x 3.10 m
  • Living Ground Level 3.70 m x 3.70 m

Courtesy of: INITIA REAL ESTATE (ONTARIO) LTD

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.