19 Evergreen Avenue, London South (South E), Ontario, N6J1A6




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$800,000
London South
This multi-family property in London South is for sale offering roughly 3,307 sq ft of space. It has been on the market 8 days, fresher than the London South average of 58 days.
An income-producing investment with convenient access to Western University and an opportunity to expand rental income. A permitted rear garage conversion offers the opportunity to complete a one-bedroom-plus-den garden suite, creating a fourth rental unit and an additional income stream. Access to Western University, downtown London and public transit adds appeal for students, university staff and other tenants seeking a central location. Shopping and parks are also accessible. Available individually or alongside neighbouring 17 and 21 Evergreen Avenue for a larger portfolio with future assembly potential. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 58 days across the listings currently for sale in this city
This multi-family in London South (South E) has been listed for 8 days, which is 50 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $800,000, about 12.3× the local median household income of $65,000.
Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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