$1,645,000

414 Dufferin Avenue

London ON, N6B 1Z6

Description

GREAT INVESTMENT!! Fully Rented 7 Unit Residential Heritage Bldg. Character-filled Investment Property.Previously John Gordon Home (Hospice) in the 90's-See Docs. Prop has 4 -2 Bdrm units ($1090-$1390); 1- 3 bedrm unit ($1225); 1 Studio ($950) and 5 Bedroom Attic (Rented per room -5 rooms $2925). Six Parking spaces (daytime) $95/mth... Potential $124,500/yr with few expenses.All Appliances OWNED incl. Fridg/Stove/Dishwashs, Washers/Dryers, Newer HydroTherm Air Handlers (very efficient Hot water/Gas powered) heating and air conditioning systems Inst. Hot water-Tenants Pay Utilities (*except for Attic -per room rental). Income $124,500 with Tenants paying Utilities* All Unit doors open directly to the outdoors - NO SHARED SPACE. (easier on Fire Safety).Hot water for each unit owned. Roof is less than 10 years Asphalt shingles. Please See Docs for Financials & past History as Hospice. Vendor may hold 2nd@5% help finance. Managable property with very little expense.Easy Investment 5.9%

Details

MLS#262256
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site50

Features

SQ Feet3,400
Units7
Building(s)1
Loading Form
Loading Form
Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6B 1Z6
AreaEast
Listing VS Median (in N6B 1Z6)
Price:
$1,645,000
low | high
Med:
$1,645,000
50% of Average
SqFt:
3,400
low | high
Med:
3,400
50% of Average
$ / SqFt:
$484
low | high
Med:
$484
50% of Average
On Site:
50
low | high
Med:
50
100% of Average
Listing Updated: 08/05/2020
CHRISTINE M. CRNCICH LogoMLS Number: 262256
Listing Provided By:
CHRISTINE M. CRNCICH  of  COMMUNITY REAL ESTATE GROUP INC.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.