London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
London, ON N6C 4J8,93 High ST
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$3,925,000

$4,500,000

12.8%
Est.Price: ?

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Est. payment /mo

25 Baths


SOLD DATE : 04/01/2025

Key Details

Sold Price $3,925,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Subdivision South F

MLS Listing ID X10408524

Sold Date 04/01/25

Style Other

Annual Tax Amount $44,866

Tax Year 2023

Property Sub-Type Multiplex

Property Description

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!

Location

Province ON

County Middlesex

Community South F

Area Middlesex

Zoning R9-4

Rooms

Family Room No

Basement None

Kitchen 0

Interior

Interior Features Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned

Cooling None

Exterior

Parking Features Private

Pool None

Roof Type Flat

Lot Frontage 49.67

Lot Depth 291.0

Total Parking Spaces 25

Building

Foundation Concrete

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Listed by THRIVE REALTY GROUP INC.

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