Property Description

GREAT INVESTMENT!! Fully Rented 7 Unit Residential Heritage Bldg. Character-filled Investment Property.Previously John Gordon Home (Hospice) in the 90’s-See Docs. Prop has 4 -2 Bdrm units ($1090-$1390); 1- 3 bedrm unit ($1225); 1 Studio ($950) and 5 Bedroom Attic (Rented per room -5 rooms $2925). Six Parking spaces (daytime) $95/mth… Potential $124,500/yr with few expenses.All Appliances OWNED incl. Fridg/Stove/Dishwashs, Washers/Dryers, Newer HydroTherm Air Handlers (very efficient Hot water/Gas powered) heating and air conditioning systems Inst. Hot water-Tenants Pay Utilities (*except for Attic -per room rental). Income $124,500 with Tenants paying Utilities* All Unit doors open directly to the outdoors – NO SHARED SPACE. (easier on Fire Safety).Hot water for each unit owned. Roof is less than 10 years Asphalt shingles. Please See Docs for Financials & past History as Hospice. Vendor may hold 2nd@5% help finance. Managable property with very little expense.Easy Investment 5.9%

: Natural gas, Hot water-gas
: 9
: Walk-up, Separate entrance
: Multiple kitchens, Separate heating controls, On demand water heater, Water heater owned
: Patio(s), Balcony, Porch
: Stone, Brick
: 3 storey
: 5-8 units
: Municipal
Address Map
City of London
N6B 1Z6
W82° 45' 34.4''
N42° 59' 22.4''
Additional Information

414 DUFFERIN London

414 DUFFERIN Avenue, London, N6B 1Z6

3,400 Sqft
C$1645000 (C$4113 Rebate)
Listing ID #262256
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 262256
Price : C$1645000 (C$4113 Rebate)
Square Footage : 3,400 Sqft
Year Built : 1900
Status : Active
Taxes : 12279.00
Tax Year : 2019
Lot Depth : 100
Lot Front : 102
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