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Home ON Greater London London Argyle
368 CALGARY STREET
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368 CALGARY STREET $1,100,000
6 days ago
$1,100,000
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368 CALGARY STREET
London East (East H), Ontario N5W4X5

MLS® Number: X12023560
14 + 1
Bedrooms
8
Bathrooms
-
Square Feet

Listing Description

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (40057299)

Location Description

Whitney St

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Community Name
East H
Land Size
125.16 x 115 FT|under 1/2 acre
Annual Property Taxes
$4,609
Parking Type
No Garage, Shared
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
14
Below Grade
1
Bathrooms
Total
8
Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Basement Type
N/A (Partially finished)
Building Features
Structures
Patio(s)
Heating & Cooling
Heating Type
Other
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stone, Vinyl siding
Neighbourhood Features
Amenities Nearby
Schools, Public Transit, Park, Place of Worship
Parking
Parking Type
No Garage, Shared
Total Parking Spaces
10

Land

Lot Features
Frontage
125 ft ,1 in
Land Depth
115 ft
Landscape Features
Landscaped
Other Property Information
Zoning Description
R2-3
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
519-694-4312
REALTOR® Website
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