X12823036

Price:
$1,199,900  For Sale
MLS® No:
X12823036
Community:
East I
Address:
228 BURNSIDE DRIVE, London East (East I), Ontario, Canada, N5V1B9
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Features

Approximate Square Footage:
3944 sqft
Approximate Age:
51 to 99 years
#Bedrooms:
9
#Parkings:
6
Heat Source:
Natural gas
Heat Type:
Forced air
Central AC:
Fully air conditioned
Fire Place:
N

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61, 402. 38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1, 362. 66 + hydro, lower 2 bedroom unit rents for $927. 64. + hydro, 1 bedroom garage unit rents for $845. 69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:5856)
Listing Contracted With: SUTTON - JIE DAN REALTY BROKERAGE (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Jie DanBroker of Record, Sutton - Jie Dan Realty
Wechat: jiedanlondon
Direct: 519-636-9516Bus: 519-636-9516