11
  • X12494896
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 6000 Sqft
  • Area Size

139 Godfrey Drive, London East, ON N5V 2E8

  • $1,700,000

Description

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval – contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.

Details

MLS® Number X12494896
Property Size 6000 Sqft
Updated on October 31, 2025 at 9:10 pm

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Middlesex
  • Property Type: Commercial Sale

Address

  • Address: 139 Godfrey Drive
  • City: London East
  • State/county: ON
  • Zip/Postal Code: N5V 2E8
  • Country: CA

Contact Information

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