1576 Caledonia StPrice Change
East H, London East
$2,500,000$2,225,000
Buy with Dwelly and Save $22,250
Home Details
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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
Neighborhood: East H
Property History
Rooms
Room dimensions for 1576 Caledonia St, London East
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 1576 Caledonia St is 14258
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2500000 |
| Down Payment | $500000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2000000 |
Monthly Payment
| Mortgage Payment | $12325 |
| Property Taxes | $1934 |
| Maintenance Fees | $0 |
| Monthly Payment | $14258 |
About 1576 Caledonia St, London East
Located at 1576 Caledonia St , this London East house is available for sale. This property was listed for $2,225,000 on Fri Sep 19 2025. This house's size is 5000 + Sqft. It has 18 bedrooms and 12 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 16 parking spots. 1576 Caledonia St, London East is situated in the East H neighbourhood.
MLS#: X12137351 · $2,225,000 · 18 bedroom house in East H, London East