view of home's exterior with a lawn and brick siding Features: lawn More Photos

×

    For Sale - 1576 Caledonia Street, London East, Ontario

    Est payment $8,403/mo
    Get pre-qualified
    Views   3
    Time on Jump  340 day

    AI Summary *

    • All-brick 12-unit apartment building with a mix of two and one-bedroom units.
    • Fully rented with long-term tenants, ensuring stable cash flow.
    • Located on a quiet street, perfect for tenants seeking peace and convenience.
    • Close to Fanshawe College and easy access to Highway 401.
    • Potential to increase rental income through strategic updates and tenant turnover.




    An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from fanshawe college and offering quick access to highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area.
    Listing IDX12137351
    Address1576 Caledonia Street
    CityLondon East, Ontario
    Price$1,750,000
    Bed / Bath18 / 12 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    Land Size0.413
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Intercom, Separate Heating Controls, Storage, Water HeaterOutdoor Features Landscaped, LightingAmenities Clear View, Public Transit, SchoolOwnership FreeholdViews ClearBasement Separate EntranceFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 16.00
    ASAP

    Mon

    24

    Aug

    Tue

    25

    Aug

    Wed

    26

    Aug

    Thu

    27

    Aug

    Fri

    28

    Aug

    Sat

    29

    Aug

    Sun

    30

    Aug

    Mon

    31

    Aug

    Tue

    1

    Sep

    Wed

    2

    Sep

    Thu

    3

    Sep

    Fri

    4

    Sep

    Sat

    5

    Sep

    Sun

    6

    Sep

    Mon

    7

    Sep

    Tue

    8

    Sep

    Wed

    9

    Sep

    Thu

    10

    Sep

    Fri

    11

    Sep

    Sat

    12

    Sep

    Sun

    13

    Sep

    Mon

    14

    Sep

    Tue

    15

    Sep

    Wed

    16

    Sep

    Thu

    17

    Sep

    Fri

    18

    Sep

    Sat

    19

    Sep

    Sun

    20

    Sep

    Mon

    21

    Sep

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  THRIVE REALTY GROUP 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    292-294 Clarence Street
    Lower Town - Sandy Hill, On…
    6 Beds | 2 Baths
    $799,900
    166 John Street
    Bradford West Gwillimbury, …
    4 Beds | 2 Baths
    $668,888
    91 Theme Park Drive Unit# 2…
    Wasaga Beach, Ontario.
    1 Beds | 1 Baths
    $84,990
    3004 Victoria Heights Cresc…
    Blossom Park - Airport And …
    3 Beds | 3 Baths
    $589,900
    20 Todd Crescent
    Southgate, Ontario.
    3 Beds | 2 Baths
    $669,900
    186 Beattie Avenue
    New Tecumseth, Ontario.
    4 Beds | 2 Baths
    $599,900
    315 Ellwood Drive
    Caledon, Ontario.
    3 Beds | 4 Baths
    $945,000
    42 Wellington Street
    Shrewsbury, Ontario.
    2 Beds | 1 Baths
    $429,000
    6020 Derry Road
    Milton, Ontario.
    3 Beds | 3 Baths
    $749,000
    Loading...
    1576 Caledonia Street
    London East , Ontario
    18 12 $1,750,000
    Get more info