Here's the investment opportunity you've been waiting for! This fully rented 4+1 property offers immediate rental income and an outstanding location just minutes from Western University, shopping, restaurants, transit, and everyday conveniences. Currently generating approximately $45,300 in gross annual rental income, this turnkey property is ready for its next investor. Situated in the highly desirable Oxford Street East and Wharncliffe Road corridor, the property is perfectly positioned in an area with strong and consistent rental demand. The combination of location, existing rental income, and future upside makes this a compelling addition to any investment portfolio. As tenant turnover occurs, there may be an opportunity to improve rental income by adjusting rents toward current market levels, subject to applicable regulations. (id:13843)
| MLS # | X13871506 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 23 |
| Listing Provided By | CENTURY 21 FIRST CANADIAN CORP | KAMRAN KOORAKANI |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Garage | 5 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2-2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer |
| Fireplace Yes / No | No |
| Lot Features | Flat site |
|---|---|
| Foundation Details | Block |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 5 |
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 4308 |
|---|---|
| Tax Year | 2026 |
| Province | ON |
|---|---|
| City | London North (North N) |
| Postal Code | N6H1N1 |
| Listing VS Median (in N6H1N1) | |
Price: $599,000 low | high Med: $599,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $545 low | high Med: $545 On site: 23 low | high Med: 23 | |
| Province | ON |
|---|---|
| City | London North (North N) |
| Postal Code | N6H1N1 |
| Listing VS Median (in N6H1N1) | |
Price: $599,000 low | high Med: $599,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $545 low | high Med: $545 On site: 23 low | high Med: 23 | |