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MLS® 40432388

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2715 sqft
Garage No
Taxes $1,735
Lot Size 
Approx. Age 
Avg. Price Per Sqft $245
MLS® Number 40432388

Property Address: 427 Quebec St, London, ON, N5W3Y2

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

Description

Turn-Key All-Brick Triplex With Postive Cash Flow Potential! At The $666,666.66 Asking Price This Property Boasts A 6.6% Cap Rate With $43,783 In Net Operating Income (After Expense Before Financing). An Ideal Addition To A Portfolio Or Fully Functional First Time Investment. Located In Old East Village, Connected To East And Downtown London With Accessible Transit. This Property Freatures A Private Fenced In Yard Offering A Disconnect And Ample Parking For At Least Four Vehicles. Located In The Heart Of A Revitalized Community Quickly Becoming Gentrified. Walking Distance To 100 Kellogg Lane, With Local Shops, Indoor Adventure Parks And The Future Home Of The Hard Rock Hotel And To The Various Activities Of London'S Reknown Western Fair District. This Property Was Fully Renovated In 2019 With New Windows, Furnace, A/Cs, Kitchens, Flooring And Bathrooms. All Units Feature Their Own Laundry, Separate Hydro Meters And Private Entrances. The 3 Bedroom Unit And The Two Units Featuring 2 Bedrooms Are All Rented Generating A Monthly Income Of $4,823 With A Gross Annual Rent Of $57,876. Offer Date Monday June 12th At 2:00PM; Pre-Emptive Offers Welcome. All Buyers Whether Agent Represented Or Private Buyers Welcome! Subject Property Being Sold "As Is" - Seller Has Never Lived In The Property.Show Description
MLS® Number40432388
Laundry LevelLower Level, Main Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementSeparate Entrance, Walk-Out Access, Walk-Up Access, Full, Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Carbon Monoxide Detector,Smoke Detector,3 Fridges, 3 Stoves, 2 Dishwashers, 1 Washers, 1 Dryer, 1 Stacked Washer & Dryer Combo, 1 Washer/Dryer Combo, Smoke Detectors, Carbon Monoxide Detectors

Rooms

Show Details
Bedroom:Second Floor2.29 × 3.53 ft
Bathroom:Second FloorNot available
Bedroom:Basement3.81 × 3.45 ft
Bathroom:Main FloorNot available
Bathroom:BasementNot available
Living Room:Main Floor4.47 × 4.44 ft
Kitchen:Second Floor2.54 × 3.78 ft
Living Room:Basement4.93 × 4.11 ft
Living Room:Second Floor4.47 × 4.44 ft
Dining Room:Main Floor2.67 × 3.53 ft
Kitchen:Main Floor2.95 × 3.78 ft
Bedroom:Main Floor4.72 × 4.37 ft
Bedroom:Main Floor3.81 × 4.06 ft
Bedroom:Basement3.4 × 2.74 ft
Bedroom:Third Floor4.37 × 4.95 ft
Bedroom:Third Floor4.57 × 6.2 ft
Dining Room:Second Floor4.32 × 4.17 ft
Kitchen:Basement3.1 × 3.89 ft

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
Jul 20, 2022End Date
-Sold Price

Expired

May 24, 2022List Date
$599,900List Price
  • Commute

Commute

Starting Address
Destination Address
427 Quebec St, London, ON

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