Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.
City: London
Neighborhood: East L
Sold Comparables homes near King St, London
Located at 764 King St , this London house was listed for $499,900. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Rec, Utility, Prim Bdrm, 2nd Br, 3rd Br. This property comes with 3 parking spots. 764 King St, London is situated in the East L neighbourhood.
MLS#: X8214708 · $499,900 · 3 bedroom house in East L, London