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    For Sale - 1 High Street, London South, Ontario

    Est payment $6,962/mo
    Get pre-qualified
    Views   1
    Time on Jump  241 day

    AI Summary *

    • Rare waterfront investment properties available in a highly desirable city location.
    • Tenants appreciate the closeness to bus routes and downtown amenities.
    • Scenic views of the Thames River and ample green space available.
    • Two buildings with a total of 10 units, including various layouts.
    • Opportunity for value addition with units below market rent.




    Waterfront investment properties are a rare find in the city! Tenants love the location; central to bus routes including the new rapid transit, thames valley parkway and all that downtown has to offer. Plenty of green space, a large parking lot with a space for every unit and then some, and a scenic view of the thames river! The property consists of two buildings with 10-units total (one 6-unit building and one 4-unit building); in total there are five 1-bedroom 1-bathroom units, four 2-bedroom 1-bathroom units and one bachelor unit. All tenants pay promptly the first of every month and laundry machines are owned with one set in each building. One of the two bedroom units was just given a complete renovation and some of the roof has been redone. Plenty of opportunity to add value with some units paying below market rent (all units separately metered). Don't miss a great opportunity to invest in london!
    Listing IDX12378505
    Address1 High Street
    CityLondon South, Ontario
    Price$1,449,900
    Bed / Bath14 / 10 Full
    StyleOther, Multiplex
    ConstructionBrick, Vinyl Siding
    Land Size0.972
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Heating Controls, Sump Pump, Water HeaterOutdoor Features Deck, Lighting, Patio, PrivacyAmenities Public Transit, Ravine, River/Stream, Waterfront, Wooded/TreedOwnership FreeholdViews City, River, Trees/Woods, WaterWaterfront DirectBasement OtherFoundation OtherHeating / Cooling OtherHeating Fuel OtherSewer Sewer

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    Listing Agency:  BLUE FOREST REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1 High Street
    London South , Ontario
    14 10 $1,449,900
    Get more info