12-14 Victor Street South, London South (South S), Ontario, N6C1B7
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$825,000
London South
This multi-family property in London South is for sale offering roughly 3,250 sq ft of space.
Renovated 4-unit with cap rate of 7.9%. Gross annual income of $72,840. Suite breakdown 4x 2bedrooms. Building features revitalized common areas, renovated units and restored front entrance portico. Separate Gas & Hydro meters. Windows replaced (2022). Laundry on site, 5 Parking spaces. 8 min drive to Western University, and short walk away from local amenities. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 27 days across the listings currently for sale in this city
This 4-bed multi-family in London South (South S) 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 $825,000, about 10.9× the local median household income of $75,500.
Carrying it typically needs a household income of about $161,151 (20% down, 25-yr amortization, stress-tested) — roughly 113% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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