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  LONDON - ST. THOMAS REAL ESTATE
  Wednesday, November 22, 2017 




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Homes For Sale in London - St. Thomas

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Asking Price: $174,900 (SOLD) Map To This Home


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Representative:
WAYNE GIBSON
E-Mail:
Click Here
Phone:
519-933-4331
Personal Site:
Here
Agent Profile:
Here
 
InTheHouse ID:
1021557
Address:
509 ONTARIO ST.
Listing Type:
Income Property
Home Type:
Multiplex
MLS No:
437159
Bedrooms:
0
Full Bath:
0
Half Bath:
0
Age:
Older Home
Approx. Sq. Foot.: 
2000 sq. ft.
Lot Size:
99.0 X 41.0 ft.
Possession:
30 days
Taxes:
$2294.00 (08)
Parking:
Common Parking Lot
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ADDITIONAL PHOTOS
Click here for additional home photos supplied by the agent
Sutton Group - Select Realty Inc. Broker

DESCRIPTION:
FABULOUS VALUE!! AND A BEAUTIFUL EXAMPLE OF A "QUEEN ANNE" GROSS RENTS ARE CURRENTLY OVER $22,000 AND FULLY RENTED!! LOCATED IN OLDE EAST LONDON AT THE CORNER OF ONTARIO & LORNE AVENUE. THIS GORGEOUS YELLOW BRICK BEAUTY OFFERS MANY ORIGINAL FEATURES, SUCH AS THE LOVELY "KEY-HOLE" AND TRANSOM WINDOWS WITH ORNATE STAINED GLASS AND MUCH MORE. UPDATED WITH METAL (50 YEAR)ROOFING TILES, ENERGY EFFICIENCY GAS HEATING (PLUS ELECTRIC BASEBOARD IN EACH UNIT... TANANTS PAY ELECTRIC) 60 GALLON ENERGY EFFICIENCY WATER TANK, "NIMBUS" WATER FILTRATION SYSTEM, ELEC AND PLUMBING (4 ELEC METERS), PAVING "PRIVATE" FENCED PARKING LOT AND SOME INTERIOR UPGRADES. FULLY OCCUPIED, THIS TRI-PLEX IS EASILY RENTED, NEVER VACANCIES, AS IS EVIDENT IN THE SELLER'S RENTAL HISTORY FOR THE PAST SEVERAL YEARS. THE 2 MAIN FLOOR UNITS ARE RATHER SMALL, BUT OFFER VERY AFFORDABLE RENTAL ACCOMODATION AT $450 AND $425 + HYDRO PER MONTH, WITH THE UPPER 2 BEDROOM UNIT RENTING FOR $600 + HYDRO. THE BUILDING SUPERINTENDANT OCCUPIES A BACHELOR APT IN THE LOWER LEVEL AT A REDUCED RATE OF $380 INCLUSIVE. THIS GENTLEMAN HAS LIVED HERE FOR SEVERAL YEARS, AND IS TRULY A "SUPER" GUY TO HAVE AROUND!! PLEASE CALL ME @ (519) 933-4331 IF YOU HAVE ANY QUESTIONS, I'D BE HAPPY TO TELL YOU ALL ABOUT THIS FABULOUS INVESTMENT OPPORTUNITY, AND HELP WITH YOUR PROPERTY SEARCH. *** MORE INFORMATION *** SEE LINK BELOW

Old East Heritage Conservation District Study

Real Estate Region:
London & St Thomas

Company:
Sutton Group - Select Realty Inc. Brokerage

Location:
LONDON

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