Rare Investment Opportunity In A Prime Location! Welcome To 105 Wharncliffe Rd, An Excellent Student Rental Located Close To Downtown, On Main Bus Routes To UWO And Close To Great Student Amenities With Parking For Tenants. This Turn-Key Property Generates $138,000.00 In Actual Rental Income Per Year With A Net Income Of $124,723.88! The Entire Complex Was Extensively Renovated In 2020 With The Highlights Including: New Roof, New Soffit And Facia, New Vinyl Siding, New Windows, New Decks, New Asphalt In Entire Complex. Inside The Units Have All Been Completely Renovated With Modern Kitchens, Hard Surface Counter Tops, Tiled Floors, Updated Bathrooms With Tiled Showers And Glass Doors. Unit 1 Upper: Large 2 Storey Unit With 4 Bedrooms, 2 Updated Bathrooms, In-Unit Laundry, Tile Floors, Separate Side Entrance And A Great Kitchen With Over-Sized Island And 2 Refrigerators. Leased Until April 30, 2022 For $2,700.00/Mnth Utilities Included. Unit 1 Lower: Great Sized 1 Bedroom, 1 Bathroom Unit With Modern Kitchen And In Unit Laundry. Leased Until April 30, 2022 For $1,000.00/Mnth Utilities Included. Unit 2,3,4,5: These Units Are All Virtually Identical 2 Storey, 3 Bedrooms, 2 Bathrooms With In Unit Laundry. All These Units Have 2 Bedrooms On Second Level And One Bedroom In Lower Level. Units 2-5 Are Leased Until April 30, 2022 For $1,950/Mnth + Hydro. This Property Is A Truly Great Investment Opportunity.
