419 Ronald Street, London, ON N5W 5B8

  • $419,000
419 Ronald Street, London, ON N5W 5B8
Active For Sale
419 Ronald Street, London, ON N5W 5B8
419 Ronald Street, London, ON N5W 5B8
  • $419,000

Overview

Property ID: HZX12086994
  • Detached, Residential
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms

Description

Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you’re looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5,800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity.

  • Address 419 Ronald Street
  • City London
  • State/county ON
  • Zip/Postal Code N5W 5B8

Details

Updated on April 19, 2025 at 1:33 am
  • Property ID: HZX12086994
  • Price: $419,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Garage Size: x x
  • Property Type: Detached, Residential
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: Central Air
  • County: Middlesex
  • Property Type: Residential
  • Pool: Inground
  • Parking: Private
  • Architectural Style: 1 1/2 Storey

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