$1,000,000
Available - For Sale
Listing ID: X11898902
193 Wharncliffe Rd North , London, N6H 2B5, Ontario
| Opportunity knocks for savvy Investor to acquire a turn-key investment, within walking distance to Western University, Downtown and Bus Transit routes. Fully rented 2/1/2 -storey brick building located at northeast intersection of Wharncliffe Road North and Black Friars. New asphalt shingle roofing December 2024. Property features 4 units including -: one 5-bedroom unit over two floors, Bachelor unit & 2 two-bedroom units. Owned-forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,220.00. Utilities are included in Rents. 3 Hydro Meters on site. |
| Price | $1,000,000 |
| Taxes: | $5537.40 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 193 Wharncliffe Rd North , London, N6H 2B5, Ontario |
| Postal Code: | N6H 2B5 |
| Province/State: | Ontario |
| Legal Description: | PT LT 20 PLAN 58(W) AS IN 764932; S/T & |
| Lot Size: | 44.00 x 66.00 (Feet) |
| Directions/Cross Streets: | Drive North on Wharncliffe Road North to intersection North East Wharncliffe Road North and Black Fr |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 2500.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2500 |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 100+ |
| Financial Statement: | N |
| Taxes Expense: | $5537 |
| Insurance Expense: | $6500 |
| Heat Expenses: | $4305 |
| Hydro Expense: | $4431 |
| Water Expense: | $6092 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Part |
| Rail: | N |
| Clear Height Feet: | 8 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ADVANTAGE REALTY LTD. |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | North N |
| Lot Size: | 44.00 x 66.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,537.4 |
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