368 Calgary Street, London East, ON Image 1

$1,100,000

Multiplex For Sale
MLS - #X12023560
Jun 25- By BLUE FOREST REALTY INC.

368 Calgary Street, London East, ON N5W 4X5

15 Bed
8 Bath
2500-3000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

< .50

Style

2-Storey

Approx. Area

2500-3000 Sqft

About 368 Calgary Street

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000.

Home Overview

Last updated

Jun 25

Virtual tour

None

Basement information

Partially Finished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Partially Finished
Cooling:Other
Heating:Other
Parking Features:Available, Private, Unreserved
0
Similar Homes Found
$0
Average Price
110000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 368 Calgary Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Calgary Street

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