324 WOLFE Street, London East, ON Image 1

$1,799,000

Multiplex For Sale
MLS - #X12204886
Jun 9- By TEAM GLASSER REAL ESTATE BROKERAGE INC.

324 WOLFE Street, London East, ON N6B 2C5

8 Bed
8 Bath
5000 + Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

< .50

Style

3-Storey

Approx. Area

5000 + Sqft

About 324 WOLFE Street

Fabulous Downtown location this purpose-built 8-Plex is Stunning on the corner of Wolfe and Waterloo, minutes from Victoria Park, Richmond row restaurants and the Downtown. Beautiful updated apartments with great reno creating great south-exposure walls of windows for the kitchen and living areas. These well appointed, character-filled 6 large 1 bedroom units and 2 Artsy Studio type units - each with their own hot water tank (new 2024) and Electric A/C air exchange units (2024) - separately metered-Tenants pay their own hydro. The Building is always rented: Current Annual income for 2025 proj. of $147,122.40 with current rents-rare vacancies. (Expenses in 2024 $39,258.87) Solid long-term investment in a quality area with possibility of upside in rent. Fire & Hydro approved and well-kept with great Tenants. Parking for 9 cars (3 unused now). This is a long-term solid investment. Please call to arrange showings (fully rented so please allow at least 24 hours). All questions call Christine Crncich, 519 670-6989.

Home Overview

Last updated

Jun 9

Virtual tour

None

Basement information

Full, Finished with Walk-Out

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Full, Finished with Walk-Out
Cooling:Wall Unit(s)
Heating:Water
Parking Features:Other, Front Yard Parking, Available
0
Similar Homes Found
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Average Price
179900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 324 WOLFE Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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ESTIMATED PAYMENT

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