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    For Sale - 86 Wilson Avenue, London North, Ontario

    Est payment $3,842/mo
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    Views   1
    Time on Jump  25 day

    AI Summary *

    • Licensed triplex with three separate units, perfect for investors.
    • Each unit has its own entrance and rental potential.
    • Two units already generating income, one ready to lease now.
    • Recent roof and window replacements ensure low maintenance.
    • Great location near downtown, parks, and amenities for tenant attraction.




    86 wilson ave, london - a licensed triplex in blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; unit 2 is a 2+1 bedroom, 1 bathroom unit; unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a city of london rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it. The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown london and the thames river pathway system, labatt park, canada life place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request.
    Listing IDX13830312
    Address86 Wilson Avenue
    CityLondon North, Ontario
    Price$799,999
    Bed / Bath9 / 3 Full
    StyleBungalow, Triplex
    ConstructionBoard & Batten ,Concrete Block
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Hydro MeterAmenities Fenced Yard, Public Transit, School Bus RouteOwnership FreeholdBasement Finished, Partially FinishedFoundation Concrete Block, ConcreteHeating / Cooling Forced AirHeating Fuel ElectricSewer Sewer

    Parking 9.00
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    Listing Brokerage: 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.

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    86 Wilson Avenue
    London North , Ontario
    9 3 $799,999
    Get more info