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$ 799,900
Est. payment /mo
New
200 HURON STREET London East (east B), ON N6A2J5
7 Beds
3 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Square Footage 1,500 sqft
Price per Sqft $533
Subdivision East B
MLS® Listing ID X13080138
Bedrooms 7
Half Baths 1
Property Sub-Type Freehold
Property Description
This prime investment opportunity is located at the highly sought-after intersection of Richmond and Huron Street in North London, just steps from Western University, Kings College, Richmond Row, and downtown. This well-maintained, licensed rental property offers an ideal location for student housing and professionals alike. The property features a spacious layout, including 7 bedrooms, a bright and inviting foyer, a generously sized living room, and multiple levels of living space. The upper floor offers 3 well-appointed bedrooms and a 3-piecebathroom, while the main floor includes 2 additional bedrooms, a large living area, and easy access to the kitchen and common spaces. The basement is fully finished with 2 more bedrooms, a4-piece bathroom, and a separate shower, providing ample space for tenants. Currently, 4bedrooms are rented for $4,500 per month until April 30th, 2027, generating stable income, while the remaining 3 bedrooms are being marketed for $2,400 per month. With a gross annual rental income of $82,800, this property offers substantial return potential. Additional highlights include a large backyard, a driveway for 2 cars, and extra parking access via a rear lane. Located in a high-demand area near bus routes, Western University, and local amenities, this property is a rare opportunity for investors looking to add a high-yield asset to their portfolio. Don't miss out on this exceptional chance. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by CENTURY 21 FIRST CANADIAN CORP