1576 Caledonia StreetSold
London East
$1,900,000
Buy with Dwelly and Save
Home Details
Buy with Dwelly and save
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Listing Description
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area.
City: London East
Mortgage Calculator
Your estimated monthly payment for 1576 Caledonia Street is 14,258
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2,500,000 |
| Down Payment | $500,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2,000,000 |
Monthly Payment
| Mortgage Payment | $12,325 |
| Property Taxes | $1,934 |
| Maintenance Fees | $0 |
| Monthly Payment | $14,258 |
About 1576 Caledonia Street, London East
Located at 1576 Caledonia Street , this London East house is available for sale. This property was listed for $1,900,000 on Fri Feb 13 2026. It has 18 bedrooms and 12 bathrooms. The property's amenities include Clear View, Public Transit, School. The property includes the following rooms: . This property comes with 16 parking spots.
MLS#: undefined · $1,900,000 · 18 bedroom house in London East