664 Cheapside Street, London East (East C), Ontario, N5Y3Y2
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$884,900
London East
This multi-family property in London East is for sale.
Excellent investment opportunity at 664 Cheapside Street! This fully rented licensed triplex offers immediate rental income with three self-contained units, including a spacious 3-bedroom main-floor unit, a well-appointed 2-bedroom second-floor unit, and a 2-bedroom basement unit, each with its own separate entrance. A turnkey addition to any investment portfolio, this property provides long-term potential. Ideally located close to schools, shopping, public transit, parks, and major transportation routes, making it an attractive option for tenants. Don't miss this exceptional income-generating property-schedule your private showing today! (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.
Long Listed: 91 days on market, against an average age of 44 days across the listings currently for sale in this city
This 7-bed multi-family in London East (East C) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $884,900, about 13.9× the local median household income of $63,600.
Carrying it typically needs a household income of about $172,852 (20% down, 25-yr amortization, stress-tested) — roughly 172% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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