Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This property is currently leased out for $6,734/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The current lease is from May 1, 2025 April 30, 2026 and generates $80,811/year in rental revenue, representing an impressive 8.7% CAP RATE at the current list price. This property has always been rented with ease based on the location and bedroom sizes and has never seen a vacancy since the owner has taken possession. The house includes 2 large bedrooms on the main level, 3 spacious bedrooms upstairs and 1 bedroom in the lower level. Each floor conveniently has a full bathroom and there is a large laundry room in the basement. Fantastic covered porch at front of home and deep private drive with single car garage provides for ample parking. The fully fenced backyard is great for entertaining and includes a custom built deck and large grass area perfect for activities. Recent updates include Roof (2020), 3 energy efficient ductless split units for heating & cooling (2019), Gas boiler updated (2012) and painting & lighting throughout. This property is conveniently located on a bus route and walking distance to UWO, Gibbons Park, Downtown London and the Masonville Mall district. (id:47421)
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
Bedrooms
5+1
Bathrooms
3
Lot
40.67 x 145.5 ft
Amenities Nearby
Park, Place of Worship, Public Transit
Equipment
Water Heater
Features
Carpet Free
Listing Contract Date
2025-03-19
Location Description
Huron St near Waterloo St
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Deck, Porch
Transaction Type
For sale
Zoning Description
R1-4
Building
Age
51 to 99 years
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development
Finished
Basement Type
Full (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Wall unit
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
3.378 m x 5.46 m
Bedroom 3
Second level
3.78 m x 3 m
Bedroom 4
Second level
4.55 m x 3.05 m
Bathroom
Second level
3 m x 2.82 m
Bathroom
Basement
2.9 m x 1.12 m
Bedroom 5
Basement
3.35 m x 4.98 m
Bedroom
Main level
4.44 m x 4.09 m
Bedroom 2
Main level
4.09 m x 3.99 m
Dining room
Main level
4.09 m x 4.17 m
Kitchen
Main level
2.57 m x 6.27 m
Bathroom
Main level
1.68 m x 2.64 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
40.7 x 145.5 FT
Amenities
Park, Place of Worship, Public Transit
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
40.7 x 145.5 FT
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