Property Details

414 DUFFERIN AVENUE, London, Ontario, N6B1Z6

414 DUFFERIN AVENUE, London, Ontario, N6B1Z6 (ID 262256)
Representative
Matt Morel portrait
Matt Morel
Sales Representative
The Realty Firm Inc., Brokerage
Cell: 519-854-2841
Tel: 519-601-1160

$1,695,000 - For sale

ID#:262256

GREAT INVESTMENT!! Fully Rented 7 Unit Residential Heritage Bldg. Character-filled Investment Property.Previously John Gordon Home (Hospice) in the 90's-See Docs. Prop has 4 -2 Bdrm units ($1090-$1390); 1- 3 bedrm unit ($1225); 1 Studio ($950) and 5 Bedroom Attic (Rented per room -5 rooms $2925). Six Parking spaces (daytime) $95/mth... Potential $124,500/yr with few expenses.All Appliances OWNED incl. Fridg/Stove/Dishwashs, Washers/Dryers, Newer HydroTherm Air Handlers (very efficient Hot water/Gas powered) heating and air conditioning systems Inst. Hot water-Tenants Pay Utilities (*except for Attic -per room rental). Income $124,500 with Tenants paying Utilities* All Unit doors open directly to the outdoors - NO SHARED SPACE. (easier on Fire Safety).Hot water for each unit owned. Roof is less than 10 years Asphalt shingles. Please See Docs for Financials & past History as Hospice. Vendor may hold 2nd@5% help finance. Managable property with very little expense.Easy Investment 5.9% (id:2471)

Location DescriptionDriveway off Dufferin Ave - 3rd Property East of Colborne Ave on Dufferin Ave. (1st Driveway)...Great 'Woodfield' Location. Walk downtown and Richmond Row in 5 minutes.

Property Details
  • Property Address:414 DUFFERIN AVENUE, London, Ontario, N6B1Z6
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
Structure Details for 414 DUFFERIN AVENUE, London, Ontario, N6B1Z6
  • Structure Style:Multi-Family
  • Building Age:1900
  • Square Footage:2400 sqft
  • Heating Type:Natural gas, Hot water radiator heat
  • Architecture Style:Multi-Unit
  • Storeys:3
  • Basement Type:Partial (Finished)
  • Foundation Type:Block, Stone
  • Cooling Type:Central air conditioning, Wall unit
  • Appliances Included:Washer, Dishwasher, Stove, Dryer, Refrigerator
  • Rental Equipment:None
  • Exterior Type:Brick
Amenities for 414 DUFFERIN AVENUE, London, Ontario, N6B1Z6 Southern exposure
Representative
Matt Morel portrait
Matt Morel
Sales Representative
The Realty Firm Inc., Brokerage
Cell: 519-854-2841
Tel: 519-601-1160
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414 DUFFERIN AVENUE, London, Ontario, N6B1Z6

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