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MLS® 40473101

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3600 sqft
Garage No
Taxes $9,415
Lot Size 
Approx. Age 
Avg. Price Per Sqft $416
MLS® Number 40473101

Property Address: 303 Wolfe St, London, ON, N6B2C4

Average square foot calculated using Size range provided by listing agent.

Description

Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood. Excellent opportunity to live in the big 2 story front unit which was the the original home when it was built and rent the other 2 units out to pay the mortgage!!! This home is close to downtown London and Western University. Only a one minute walk to Victoria park or Richmond row shops. Can’t find a better location to make an investment! In the past two years this building has had over $150, 000 in upgrades. Unit #2 has been fully renovated, All of the wiring has been upgraded with ESA inspections; new eves and fascia; steel roof (2017); new exterior doors; new stamped concrete patio; 3 hot water tanks (owned); new large bathroom in front unit (#1), all new appliances in units 2&3 plus brand new washer/dryer in every unit. Each unit has a separate gas furnace, central A/C, gas meter and hydro meter. Plenty of parking available in private drive and at rear. Before COVID 5 of the 9 parking spaces where rented monthly to London Life employees at $100/month. Those employees will be returning to the office soon. Property has two 3 bedroom units and one 2 bedroom unit. All Units have decks/outdoor space. Large 2 storey unit is rented $2500/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and is rented for $2400/month. Allen Tenants pay gas and hydro. Low expenses, excellent net income. Great opportunity to add to your portfolioShow Description
MLS® Number40473101
Laundry LevelIn-Suite, Main Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementPartial, Unfinished
DrivewayAsphalt, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Dishwasher, Dryer, Refrigerator, Stove, Washer

Price History

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