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$999,999
Available - For Sale
Listing ID: X9295385
353 Central Ave , London, N6B 2E3, Ontario


Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **EXTRAS** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent.
Price $999,999
Taxes: $5915.55
DOM 194
Occupancy: Tenant
Address: 353 Central Ave , London, N6B 2E3, Ontario
Lot Size: 34.12 x 132.58 (Feet)
Directions/Cross Streets: Central Ave and Wellington St
Rooms: 16
Rooms +: 2
Bedrooms: 6
Bedrooms +: 2
Kitchens: 4
Family Room: N
Basement: Finished, Part Bsmt
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living 16.37 12.2
Room 2 Main Br 12.99 12.27
Room 3 Main Dining 7.84 7.84
Room 4 Main Kitchen 10.1 11.28
Room 5 Bsmt 2nd Br 10.17 16.76
Room 6 Bsmt 3rd Br 11.28 16.73
Room 7 Main Kitchen 10.86 11.05
Room 8 Main Living 10.82 16.2
Room 9 Main Dining 10.53 12.27
Room 10 Main Br 8.92 11.61
Room 11 Main 2nd Br 14.6 10.14
Room 12 2nd Br 10.66 12.33
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 4 2nd
Washroom Type 4 4 2nd
Property Type: Detached
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 3000-3500
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
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Farnaz Masoumi
Broker
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style: 3-Storey
Lot Size: 34.12 x 132.58(Feet)
Approximate Age:
Tax: $5,915.55
Maintenance Fee: $0
Beds: 6+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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