Welcome to 389 Dufferin Avenue, a fully renovated four unit residential building located in the heart of Woodfield and only minutes from downtown London. The property features six bedrooms and four bathrooms across four well maintained units. One unit is currently vacant and ready for a new tenant at full market rent, or an owner occupied unit. Additional features include a rear storage room and separately metered electrical for all units. The property is zoned R3 1 and OC4, offering versatility and long term flexibility. The building offers strong financial performance with a projected annual income of $70,200 and a net operating income of $53,879. One unit remains below market rent, creating an opportunity to further improve revenue. A well located, turnkey asset in one of London's most desirable neighbourhoods. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
4
Lot
33 x 100 ft
Listing Contract Date
2025-12-17
Location Description
Cross Streets: Colborne St and Dufferin Ave. ** Directions: West onto Dufferin Ave from Colborne St.
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R3-1 OC4
Building
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
33 x 100 FT
Sewer
Sanitary sewer
Size of Irregular Land
33 x 100 FT
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