197 HOMESTEAD Cres, London, Ontario N6G 2E6

  • $888,000
197 HOMESTEAD Cres, London, Ontario N6G 2E6
Active For Sale
197 HOMESTEAD Cres, London, Ontario N6G 2E6
197 HOMESTEAD Cres, London, Ontario N6G 2E6
  • $888,000

Overview

Property ID: HZX8382506
  • Business, Commercial Sale
  • Property Type
  • 5
  • Bathrooms
  • 2759
  • Sqft

Description

Northwest London Licenced triplex with amazing features, unique architectural detail, and character throughout. Improvements include, plumbing, electrical, foundation, drainage, insulation, bathrooms, kitchens, and high-tech boiler system rental. Two 2-bedroom units each with 2 electric fireplaces and one 1-bedroom unit with electric fireplace. Tenants pay separately metered electricity. Unit 1 also features 1 4pc bathroom and 1 2pc bathroom, Unit 2 offers 1 4pc bathroom and 1 3 pc bathroom and 1 pc bathroom in Unit 3. Unit 2 has in unit stacking washer and dryer while units 1 and 3 share coin operated washer and dryer. Close proximity to Western University and Banting High School, shopping, restaurants and parks. Rental Licence number 202300674 issued April 17,2024. Maintenance expense shown includes lawn maintenance of $1,395.65 and snow removal of $2,200. High tech boiler system is on a rental and maintenance contract for peace of mind and efficient operation. Current rents do not reflect market rents. Unit 1 – Estimated Market Rent is $2300. Unit 2 – Estimated Market Rent $2150. Tenants have been there for at least 8 years. Unit 3 – Estimated Market Rent is $1250.

  • Address 197 HOMESTEAD Cres
  • City London
  • State/county ONTARIO
  • Zip/Postal Code N6G 2E6
  • Area North F

Details

Updated on June 15, 2024 at 10:09 am
  • Property ID: HZX8382506
  • Price: $888,000
  • Property Size: 2759 Sqft
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Business, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Cooling: None
  • Heating: Radiant
  • County: Middlesex
  • Property Type: Commercial Sale
  • Parking: None

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