Space
Finished area and layout
- Building Area
- 3,500 sqft
- Bedrooms
- 9
- Bathrooms
- 3
+30 more
9
Bedrooms
3
Bathrooms
3,500 sqft
Building Area
55.97 x 145 ft
Lot
9
Parking
Property Snapshot
Key details for this listing
MLS #X13830312
Property
Type, style and structure
- Type
- residential
- Style
- triplex / Triplex
- Structure
- Bungalow
- Ownership
About This Property
This 9-bedroom, 3-bathroom triplex in London North offers 3,500 sqft of building area on a 55.97 x 145 ft lot. 1 storey. The property has lot dimensions of 55.8 x 144.6 FT, cross street Chandler, zoned R2-2. The home features central air, wall unit(s), a finished, partially finished basement. Highlights include a none pool, a 2-car garage.
MLS Remarks
86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request. (id:60351)
Full Listing Details
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