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$824,900
London South
196 Emery Street East, London South (South F), Ontario, N6C2E2
This multi-family property in London South is for sale offering roughly 2,750 sq ft of space. It has been on the market 1 day, fresher than the London South average of 63 days.
Wortley Village charm meets a thoughtfully updated investment property in this well-kept, legally licensed duplex currently configured and occupied as three residential units. Updated from top to bottom, with hard-surface flooring throughout, convenience of in-suite laundry in every unit and covered parking in the rear, this property offers features tenants truly appreciate. Fully rented with excellent tenants, it's an established investment in one of London's most sought-after neighbourhoods. The impressive 189-foot-deep lot offers space for additional parking or potential future development, subject to applicable approvals - buyer to verify. A compelling combination of location, condition and long-term potential. Flexible closing available. Financials and a detailed list of updates are available upon request. Please note that the Main and Upper units in the triplex are the same, as such photos weren't taken of all units, that is reflected in the floor plan. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day on market, against an average age of 63 days across the listings currently for sale in this city
This 6-bed multi-family in London South (South F) has been listed for 1 day, which is 62 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $824,900, about 10.9× the local median household income of $75,500.
Carrying it typically needs a household income of about $161,132 (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
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.