129 JOHN Street, London East, ON N6A 1N7, London East, ON
Bed 9
Bath 19
Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living.
Property Highlights
For Sale
MLS NO.
X9234740
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
9
Bathrooms
19
Parking
12.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X9234740
Living Area Range
5000 +
Total Bedrooms
9
Bedrooms Above Grade
9
Bedrooms Below Grade
0
Total Bathrooms
19
Total Kitchens
9
Kitchens Above Grade
9
Kitchens Below Grade
0
Rooms Above Grade
14
Rooms Below Grade
5
Interior Features
Other
Fireplace
No
Security Features
None
Construction
Aluminum Siding
Roof
Asphalt Shingle
Lot Width
65.0
Parking Features
Private
Parking Total
12.0
Covered Spaces
3.0
Garage Type
Detached
Pool
None
Direction Facing
South
Cooling
Window Unit(s)
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
129 JOHN Street, London East, ON N6A 1N7
City
London East
Neighbourhood
East F
County / Region
Middlesex
Province / State
ON
Postal Code
N6A 1N7
Cross Street
JOHN ST & TALBOT ST
Country
CA
List Price
$5,595,000
Annual Taxes
$47,160
Tax Year
2024
Legal Description
LT 27 RCP 1032 CITY OF LONDON
Possession Details
FLEXIBLE
Listing Office
SUTTON GROUP - SELECT REALTY
Board
London and St. Thomas Association of REALTORS
Original Entry
2024-08-01T12:38:37Z
Media Updated
2024-08-01T12:38:37Z
Photos Updated
2024-08-01T12:38:37Z
Last Modified
2024-11-22T14:35:42Z
System Modified
2025-10-11T17:44:00.001831Z
MLS Status
Terminated
Architectural Style
3-Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2024-12-31
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
Call LBO
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
82630005
Parking Spaces
9
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
Public Remarks
Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living.