view of front of house with a front lawn and board and batten siding Features: lawn, french doors More Photos

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    For Sale - 77 Sterling Street, London East, Ontario

    Est payment $6,218/mo
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    Views   1
    Time on Jump  57 day

    AI Summary *

    • Brand new triplex with three spacious 2-bedroom open concept units.
    • Projected annual income of $79,200, great for investors or homeowners.
    • Located near Fanshawe College and close to downtown and amenities.
    • Upgraded low maintenance siding and luxury vinyl plank flooring throughout.
    • Separate utilities for each unit ensures easy management and tenant selection.




    Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $79,200. 00. Situated on a quiet street just 2 minute drive from fanshawe college, minutes to down town and quick drive to western university campus. This 3 unit plan features 3,197 sq ft in total lower level 1090 sq ft main level 1011 sq ft and upper level 1096 sq ft it is also surrounded by many amenities such as canadian super store, lcbo, restaurants, and bus routes. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and a/c. Plenty of parking with potential development at the rear of property. (buyer to verify zoning details and permissions)
    Listing IDX12753882
    Address77 Sterling Street
    CityLondon East, Ontario
    Price$1,295,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features ERV/HRV, Separate Heating Controls, Separate Hydro Meter, Water HeaterOutdoor Features Year Round LivingAmenities Library, Park, Place Of Worship, Public Transit, School, School Bus RouteOwnership FreeholdBasement Apartment, Separate Entrance, Full, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  ROYAL LEPAGE TRILAND REALTY

    * 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.

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    77 Sterling Street
    London East , Ontario
    6 3 $1,295,000
    Get more info