$1,599,900
FOR SALE

Investment

Lot: 75 x 150 ftTotal Area: 4,900 ft2
2024 Taxes: $9,423.04Maintenance Fees: $1,000

1567 Allen Pl
London, ON N5W 2V9 | East E | Middlesex

VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT.
Share
Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9305237
Last Updated Sep 06, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 081110046
Legal Description LOT 10, PLAN 894 LONDON/LONDON TOWNSHIP
Occupancy Tenant
Possession Date FLEX
Taxes (2024) $9,423.04
Tax Type Annual
Maintenance Fees $1,000
Directions/Cross Streets SPRUCE AND DUNDAS
Neighbourhood East E
Area Middlesex
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 6
Lot 75 x 150 ft
Total Area 4,900 ft2
Approximate Age 51-99
Air Conditioning N
Basement N
Garage Type None
Parking Spaces 10
Heat Type Radiant
Financial Statement N
Gross Income/Sales $131,425
Hydro Expense $8,235
Heat Expenses $6,758
Insurance Expense $4,223
Taxes Expense $9,423
Expenses Actual/Estimated Act
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning R8-1
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)