Two-story home with light grey vertical siding and white brick foundation Features: entry steps, brick siding, gutters, board batten siding, vertical siding, parking pad, stoop, lawn, downspout More Photos

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    For Sale - 77 Sterling Street, London East, Ontario

    Est payment $4,682/mo
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    Views   4
    Time on Jump  58 day

    AI Summary *

    • New triplex with three spacious 2-bedroom units ready for rental.
    • Projected annual income of $75,000 makes it a smart investment.
    • Quiet location near Fanshawe College and Western University for strong rental demand.
    • Upgraded finishes and appliances in each unit for minimal maintenance.
    • Ample parking and potential for rear property development.




    Take advantage of the hst rebate pricing now!!! 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 $75,000. 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 2286 sq ft on main and upper unit and 831 sq ft in lower unit for a total of 3117 sq ft . It is also surrounded by many amenities such as canadian super store, lcbo, restaurants, and bus routes and rapid transit corridor. 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 IDX13611982
    Address77 Sterling Street
    CityLondon East, Ontario
    Price$975,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Air Exchanger, Carpet Free, In-Law Capability, In-Law Suite, Water HeaterOwnership FreeholdBasement Apartment, Finished with Walk-Out, Separate Entrance, Full, FinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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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.

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    77 Sterling Street
    London East , Ontario
    6 3 $975,000
    Get more info