77 BLACKFRIARS Street, London, Ontario, N6H1K8




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$624,900
London
This multi-family property in London is for sale offering roughly 1,565 sq ft of space.
Attention investors! Excellent, turn-key, cash-flowing, licensed rental property with 2 self-contained units. The upper unit consists of the MainFloor and 2nd Floor. It includes 4 spacious bedrooms, 2 bathrooms (one 4-piece & one 3-piece), a large living room, and functional kitchen. The basement unit includes 1 bedroom, one 4-piece bathroom, a cozy living room, and large eat-in kitchen. Both units have been updated, are carpet-free, have lots of natural light, and their own private laundry. Outside, there's parking for 3 cars. Ideal location, close to parks, shopping, transit, entertainment, and Western University. Currently rented for $4,412/month. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 400 days on market, against an average age of 62 days across the listings currently for sale in this city
This 5-bed multi-family in London is available now. Want me to connect you with the agent or keep you posted on any price updates?
This home lists at $624,900, about 8.8× the local median household income of $71,000.
Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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