368 Calgary Street, London East, ON N5W 4X5 (Whitney St)

Price : $1,100,000.00 , MLS®# : X12023560

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.

Location Description

Whitney St

Property Details
  • Community: East H
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 15
  • Bath: 8
  • Garages: None
  • Annual Property Taxes : $ 4609
Building Features
  • Foundation Type: Other
  • Counstruction Material : Stone-Vinyl Siding
  • Total Parking Space : 10
  • Parking Type : None
Building Features
  • Heating : OtherOther
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 125.16 sq.ft
  • Land Depth: 115sq.ft

Listing Contracted With: BLUE FOREST REALTY INC.

Usman Butt
Broker
Call us @ : 416-875-1487
Mail us @ : realtorusman@gmail.com
Enquiry about this property