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$619,900
London East
453 Bathurst Street, London East (East K), Ontario, N6B1P4
This multi-family property in London East is for sale offering roughly 1,300 sq ft of space. It has been on the market 0 days, fresher than the London East average of 85 days.
Located in nearby heart of downtown London. This solid brick duplex (currently) is a turn-key operation rebuilt approximately 22 years ago. 2 units upper and lower. Approx 700sqft each, two-2 bed units--individual heating systems, tenant pays own utilities (heat, light, water) all separate meters. Parking allows for approximately 8 cars, with separate driveway entrances. No shared common area. Built past current standards at the time of construction, foam insulation main floor walls, double brick, 2x6 construction, sound proofing in ceiling, all fire coded and licensed through the city (licenses provided), separate entrance with commercial steel doors, main floor unit has custom wrought iron screen door. Each unit has gas stand-alone fireplaces that heat the unit with electric baseboard backups. Security cameras system installed monitored through app. Could be converted back to single-use again with inside access to both floors. This is a perfect opportunity to have a small business and still have an income to cover bills. Live in or retain current tenants. The new owner will assume new tenants at the time of closing. Take note of the Zoning Description in Docs. Many Uses under the BDC (35)H13Business District Commercial Area View Doc for rent. Roll. Do not go direct. L/A will coordinate with tenants (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 85 days across the listings currently for sale in this city
This 4-bed multi-family in London East (East K) has been listed for 0 days, which is 85 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $619,900, about 12.6× the local median household income of $49,200.
Carrying it typically needs a household income of about $121,088 (20% down, 25-yr amortization, stress-tested) — roughly 146% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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