Key Facts
- MLS® #: 40473101
- Property ID: SIRC1320901
- Property Type: Residential, House
- Living Space: 3,600 sq.ft.
- Bedrooms: 7
- Bathrooms: 4+1
- Parking Spaces: 8
- Listed By:
- ROYAL LEPAGE TRILAND REALTY
Property Description
Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood. Excellent opportunity to live in the big 2 story front unit which was the the original home when it was built and rent the other 2 units out to pay the mortgage!!! This home is close to downtown London and Western University. Only a one minute walk to Victoria park or Richmond row shops. Can’t find a better location to make an investment! In the past two years this building has had over $150,000 in upgrades. Unit #2 has been fully renovated, All of the wiring has been upgraded with ESA inspections; new eves and fascia; steel roof (2017); new exterior doors; new stamped concrete patio; 3 hot water tanks (owned); new large bathroom in front unit (#1), all new appliances in units 2&3 plus brand new washer/dryer in every unit. Each unit has a separate gas furnace, central A/C, gas meter and hydro meter. Plenty of parking available in private drive and at rear. Before COVID 5 of the 9 parking spaces where rented monthly to London Life employees at $100/month. Those employees will be returning to the office soon. Property has two 3 bedroom units and one 2 bedroom unit. All Units have decks/outdoor space. Large 2 storey unit is rented $2500/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and is rented for $2400/month. Allen Tenants pay gas and hydro. Low expenses, excellent net income. Great opportunity to add to your portfolio
Rooms
- TypeLevelDimensionsFlooring
- Dining roomMain10' 11.8" x 8' 6.3"Other
- Kitchen With Eating AreaMain8' 6.3" x 12' 11.9"Other
- BedroomMain10' 11.8" x 12' 11.9"Other
- Kitchen With Eating AreaMain10' 7.8" x 14' 11"Other
- Living / Dining RoomMain18' 1.4" x 12' 11.9"Other
- BedroomMain10' 11.8" x 7' 4.9"Other
- Bedroom2nd floor14' 11" x 10' 7.8"Other
- Bedroom2nd floor12' 9.4" x 12' 9.4"Other
- Bedroom3rd floor10' 7.8" x 8' 11.8"Other
- Bedroom3rd floor8' 6.3" x 10' 7.8"Other
- Bedroom3rd floor8' 11.8" x 8' 11.8"Other
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Location
303 Wolfe Street, London, Ontario, N6B 2C4 Canada
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- Principal and Interest 0
- Property Taxes 0
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