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
Located at 1576 Caledonia Street , this London East house was listed for $1,750,000. 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 · $1,750,000 · 18 bedroom house in London East