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$1,135,000
London South
230 Emery Street East, London South (South F), Ontario, N6C2E2
This multi-family property in London South is for sale offering roughly 4,250 sq ft of space. It has been on the market 1 day, fresher than the London South average of 63 days.
An exceptional opportunity to invest in one of London's most sought-after neighbourhoods. Welcome to 230 Emery Street East, a beautifully maintained, separately metered, legal fourplex in the heart of Old South, close to the shops, restaurants and neighbourhood charm of Wortley Village. Fully rented with wonderful established tenants, this property offers four spacious two-bedroom apartments with matching, mirrored layouts across two levels. Large windows fill each unit with lovely natural light, creating bright, inviting spaces that feel like home. The building has been thoughtfully updated and cared for, with shared laundry in the basement, a dedicated locked storage locker for each unit and ample private parking behind the property. The full basement offers exciting potential for further development, subject to required approvals, adding another dimension to this compelling investment. With its desirable location, well-kept condition and established tenancies, this is an excellent opportunity to add an Old South property to your investment portfolio. Financials and a list of upgrades are available upon request. Flexible closing. Please note that the Main and Upper units in the 4-plex 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 8-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 $1,135,000, about 15.0× the local median household income of $75,500.
Carrying it typically needs a household income of about $221,705 (20% down, 25-yr amortization, stress-tested) — roughly 194% 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.