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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East A
MLS Listing ID X12531776
Annual Tax Amount $33,125
Tax Year 2025
Property Sub-Type Investment
Property Description
16 Condo-Titled Townhouse units available for Sale in 3 two storey buildings. Each unit is comprised of three bedrooms and includes a 2-piece washroom on the main floor and a 3-piece washroom on the second floor. The basements are partially finished with a living room and stoage/mechanical area. The units have long term tenants and are fully leased. 6 of the units include a carport, with the remaining 10 units having reserved tenant parking. Visitor parking is available on the property. Two buildings include 5 units each, with the third building having 6 units. Building size of 28,080 sq. ft. includes unfinished basement space. The buildings are situated in an existing residential complex of townhomes, built in the same style as the subject property. The property's located is at a dead-end section of the neighbourhood, providing for a quiet street for Tenants. The property is located in Northeast London in a residential area with access to required residential amenities within reasonable drive-times. Tenant mix is mostly families and older working professionals. The property provides the unique opportunity to acquire a fully leased, cash-flowing townhouse complex in the growing Southwestern Ontario market. Please note that the address per Geowarehouse shows Condo Units from Unit 1 through 16, the municipal address and within the complex, the units are known as Units 28-43.
Location
Province ON
County Middlesex
Community East A
Area Middlesex
Zoning R9-6, H30
Interior
Cooling No
Exterior
Utilities Available Yes
Others
ParcelsYN No
Listed by CBRE LIMITED
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