Wonderful long term investment opportunity in east London on Park Ave. Solid all brick, purpose built 6 unit building on a street where the vast majority of homes are single family. 4 - spacious 2 bedroom units above grade and 2 - 1 bedroom units in the lower level along with storage lockers for each tenant, full laundry room w/coin-op washer & dryer and dedicated mechanical room. All units are separately metered for hydro along with a common meter and hot water baseboard heating. Front and back stairwells for tenant convenience. Lots of parking behind the building along with a sizeable storage shed. Building has all newer vinyl windows, updated 98 gallon hot water tank 2024, hydro panels replaced in all units to breakers 2022, exterior concrete work approx. 2015, building sewer replaced in 2003. This is a very well cared for building w/ mature mostly longer term tenants. Lots of upside potential here as units turn over. Please contact listing agent for more info and showings. (id:47421)
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Detailed Information
Bedrooms
10
Bathrooms
5
Lot
98 x 147 ft
Amenities Nearby
Place of Worship, Public Transit, Schools
Community Features
Community Centre
Equipment
None
Listing Contract Date
2025-10-27
Location Description
Edmonton St. and Wavell St.
# of Parking Spaces
8
Property Type
Multi-family
Rental Equipment
None
Structures
Patio(s), Shed
Transaction Type
For sale
Zoning Description
R8-1
Building
Amenities
Separate Electricity Meters
Appliances
Stove, Water Heater, Refrigerator
Basement Type
Full
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
2
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
98 x 147 FT | under 1/2 acre
Amenities
Place of Worship, Public Transit, Schools
Fence Type
Partially fenced
Sewer
Sanitary sewer
Size of Irregular Land
98 x 147 FT
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