360 Stratton Dr, London East, Ontario

Multi-Family for Sale in London East

360 Stratton Dr, London East, ON

  • CA$599,900
  • 8 BEDS
  • 4 BATHS
  • 9,375 sq.ft. Land
  • CA$599,900

Multi-Family for Sale in London East

360 Stratton Dr, London East, ON

  • CA$599,900
  • 8 BEDS
  • 4 BATHS
  • 9,375 sq.ft. Land
  • CA$599,900

Key Facts

  • MLS® #: X12930336
  • Property ID: SIRC3210904
  • Property Type: Residential, Fourplex
  • Lot Size: 9,375 sq.ft.
  • Bedrooms: 8
  • Bathrooms: 4
  • Additional Rooms: Den
  • Parking Spaces: 5
  • Listed By:
  • RE/MAX CENTRE CITY REALTY INC.

Property Description

ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex( quad style). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles are newer improvements along with various windows, and two of the four furnaces. The property has 2 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomMain11' 6.9" x 15' 1.4"Other
  • KitchenMain11' 5" x 13' 6.9"Other
  • OtherMain11' 5" x 11' 1.8"Other
  • Bedroom2nd floor8' 6.3" x 11' 8.9"Other
  • Recreation RoomLower10' 11.8" x 16' 4.8"Other
  • WorkshopLower11' 9.7" x 18' 11.9"Other

Listing Agents

RE/MAX CENTRE CITY REALTY INC.

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

360 Stratton Dr, London East, Ontario, N5W 4Z7 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this property

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
Home/Ontario/London East/MLS® X12930336