For Sale - 193 Wharncliffe Road, London North, Ontario

Est payment $3,445/mo
Views   1
Time on Jump  57 day
  • Turn-key investment opportunity close to Western University and downtown.
  • 2.5-storey brick building with multiple rental units for diverse income.
  • New roofing added in December 2024 for improved maintenance.
  • On-site parking and coin-operated laundry for tenant convenience.
  • Potential gross income of $93,400 with full occupancy.



New price!! Power of sale -opportunity for savvy investor to acquire a turn-key investment, within walking distance to western university, downtown and bus transit routes. 2 1/2 - storey brick building located at northeast intersection of wharncliffe road north and black friars. New asphalt shingle roofing december 2024. Property features 4 units including -: one 5-bedroom unit over two floors, bachelor unit & 2 two-bedroom units. Owned-forced air gas furnace, coin-op laundry and two hot water tanks. On-site car parking. Gross income with full occupancy potential estimated at $93,400. Currently bachelor unit vacant. Utilities are included in rents. 3 hydro meters on site. Area is recognized as the heritage conservation district known as blackfriars/petersville. All expense information provided by owner, to be reconfirmed by buyer. Property is being sold where is as is.
Listing IDX12640486
Address193 Wharncliffe Road
CityLondon North, Ontario
Price$695,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public TransitFeatures Irregular LotBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary
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Listing Agency:  RE/MAX ADVANTAGE REALTY LTD.
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193 Wharncliffe Road
London North , Ontario
$695,000
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