93 High Street, London South, ON N6C 4J8, London South, ON
Bath 25
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
Property Highlights
For Sale
MLS NO.
X10408524
Type
Residential Freehold
Sub Type
Multiplex
Bathrooms
25
Parking
25.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Closed
Contract Status
Unavailable
MLS® Number
X10408524
Total Bedrooms
0
Bedrooms Above Grade
0
Bedrooms Below Grade
0
Total Bathrooms
25
Total Kitchens
0
Kitchens Above Grade
0
Kitchens Below Grade
0
Rooms Above Grade
0
Interior Features
Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Flat
Lot Width
49.67
Parking Features
Private
Parking Total
25.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
West
Cooling
None
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
93 High Street, London South, ON N6C 4J8
City
London South
Neighbourhood
South F
County / Region
Middlesex
Province / State
ON
Postal Code
N6C 4J8
Cross Street
Off Grand Ave.
Country
CA
List Price
$4,500,000
Annual Taxes
$44,866
Tax Year
2023
Legal Description
PT LT 8 S GRAND AVENUE , PL 1(4TH) , AS IN 779065 ; LONDON
Possession Details
Immediate
Listing Office
THRIVE REALTY GROUP INC.
Board
London and St. Thomas Association of REALTORS
Original Entry
2024-11-05T18:23:01Z
Media Updated
2025-01-02T19:33:31Z
Photos Updated
2024-11-05T18:23:01Z
Last Modified
2025-04-01T16:55:32Z
System Modified
2025-10-11T19:14:02.940648Z
MLS Status
Sold
Architectural Style
Other
Basement
None
Co List Office Name
THRIVE REALTY GROUP INC.
Ddfyn
Yes
Expiration Date
2025-04-30
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
Call LBO
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
083660080
Parking Spaces
25
Public Remarks
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!