Space
Finished area and layout
- Living Area
- 3,069 sqft
- Building Area
- 3,069 sqft
- Bedrooms
- 11
- Bathrooms
- 5
+57 more
11
Bedrooms
5
Bathrooms
3,069 sqft
Living Area
48.80 x 117.00
Lot
7
Parking
Property Snapshot
Key details for this listing
MLS #X13769516
Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Structure
About This Property
This 11-bedroom, 5-bathroom multiplex in London North offers 3,069 sqft of living area on a 48.80 x 117.00 lot. 2 storeys. The property has zoned R2-3(2). The home features none, a full basement, a fireplace. Highlights include a none pool.
MLS Remarks
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential. (id:60351)
Full Listing Details
Address50 IRWIN Street, London North, ON N5G 1C8
MLS#X13769516
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateSep 10, 2026
Days on Market45
Common InterestFreehold
Annual Tax$11,572 (2026)
Parking7
Parking TypePrivate Triple
Structure TypeOther
AttachedAttached
Style2-Storey
ConstructionBrick
Bedrooms11
Bathrooms5
Bedrooms Above Grade8
Bedrooms Below Grade3
Living Area3,069 sqft
Kitchens5
Stories2
CityLondon North
ProvinceOn
Postal CodeN5G 1C8
Lot Dimensions48.80 x 117.00
Frontage48.9 feet
ZoningR2-3(2)
Zoning DetailsR2-3(2)
Total Parking7
Parking FeaturesPrivate Triple
CoolingNone
BasementFull
RoofAsphalt Shingle
FoundationConcrete
FireplaceYes (4)
PoolNone
SewerSewer
Annual Tax$11,572 (2026)
Business TypeApts - 2 To 5 Units
East of Wharncliffe Rd N, North of Saunby St & South of Beaufort St
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