$945,000

FOR SALE

Investment

Lot: 44 x 66 ftTotal Area: 2,500 ft²
2023 Taxes: $5,143.3

193 WHARNCLIFFE Rd N
London, ON N6H 2B5 | North N | Middlesex

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Turn-key investment opportunity in fully rented 2/1/2 -storey brick building. Located on Wharncliffe Road North within walking distance to Western University, Downtown, Bus Transit routes and walkable Black Friars neighbourhood along the Thames River. 4 units featuring a single Bachelor unit, two 2-bedroom units and one 5-bedroom unit, . Owned forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,025.00. Utilities included in Rents. 3 Hydro Meters.

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Listed By	RE/MAX ADVANTAGE REALTY LTD., Brokerage
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8381732
Last Updated	Aug 28, 2024

Property Summary

Property Type	Investment More like this: London Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	082540121
Legal Description	PT LT 20 PLAN 58(W) AS IN 764932; S/T & T/W 764932 LONDON
Occupancy	Tenant
Possession Date	Flexible
Taxes (2023)	$5,143.3
Directions/Cross Streets	Drive North on Wharncliffe Road North to intersection North East Wharncliffe Road North and Black Friars
Neighbourhood	North N
Area	Middlesex

Price History

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Detailed Information

Freestanding	Y
Lot	44 x 66 ft
Total Area	2,500 ft2
Air Conditioning	N
Basement	Y
Garage Type	None
Parking Spaces	4
Heat Type	Gas Forced Air Open
Hydro Expense	$4,431
Water Expense	$6,092
Heat Expenses	$4,305
Insurance Expense	$9,873
Year Expenses	$2,023
Expenses Actual/Estimated	Act
Area Influences	Public Transit, Rec Centre
Sewers	Sanitary
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	R2-2(19)
Seller Property Info Statement	Y

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