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$1,699,999
London North
210-216 Homestead Crescent, London North (North F), Ontario, N6G2E5
This multi-family property in London North is for sale offering roughly 18,417 sq ft of space.
Welcome to this rare 4 combined townhouses, 5 unit, multi-family propertysituated on nearly half an acre, just minutes from Western University. Thiswell-maintained building features 4 attached townhomes plus an additionalunit, offering excellent rental income potential and strong tenant demand inone of the city's most sought-after areas. The property consists of: Threespacious 3-bedroom, 2-bathroom units; One large 5-bedroom, 2-bathroom unit;One 1-bedroom, 1-bathroom unit. Each residence boasts generously sizedlayouts, ideal for students, professionals, and families alike. Ampleparking on-site ensures convenience for tenants, while the nearly half-acrelot offers future development or expansion potential (buyer to verify). Withits proximity to Western University, transit, shopping, and amenities, thisproperty is a turnkey investment opportunity in one of London's strongestrental markets. This property is offered power-of-sale. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 77 days on market, against an average age of 51 days across the listings currently for sale in this city
This multi-family in London North (North F) 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 $1,699,999, about 17.7× the local median household income of $96,000.
Carrying it typically needs a household income of about $332,069 (20% down, 25-yr amortization, stress-tested) — roughly 246% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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