For Sale - 870 Queens Avenue, London East, Ontario

Est payment $5,762/mo
Views   1
Time on Jump  88 day
  • Projected rental income of $2,200/month for the upper unit.
  • Ground level expected to rent for $1,800/month.
  • Basement unit could generate $1,500/month in rent.
  • Estimated annual Net Operating Income of $57,000.
  • All units are separately metered for tenant convenience.



Projected future rents for the triplex are estimated at $2,200/month for the upper level, $1,800/month for the ground level, and $1,500/month for the basement unit, resulting in an approximate annual net operating income (noi) of $57,000; tenants pay hydro, as all units are separately metered. Interior photos taken before current tenants moved in, come see the potential in person.
Listing IDX12979630
Address870 Queens Avenue
CityLondon East, Ontario
Price$1,200,000
Bed / Bath6 / 4 Full
Style2-Storey, Triplex
ConstructionBrick, Brick Front
TypeMulti-Family
StatusFor Sale
Subtype TriplexIndoor Features NoneOwnership FreeholdBasement Finished, FullFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
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Listing Agency:  THE AGENCY REAL ESTATE

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870 Queens Avenue
London East , Ontario
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