98 Elmwood Avenue East, London South (South G), Ontario, N6C1J5


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$999,999
London South
This multi-family property in London South is for sale offering roughly 3,309 sq ft of space. It has been on the market 0 days, fresher than the London South average of 34 days.
"Nestled in the heart of coveted Wortley Village, this character-filled 6-plex offers an incredible investment opportunity on an expansive lot spanning nearly half an acre. The well maintained property features three charming one-bedroom units, two bachelor units and one spacious two-bedroom unit, combining rich architectural appeal with exceptional income potential. Complete with a detached one-car garage that provides ideal private storage for an owner or property manager, this prime London, Ontario gem presents endless possibilities for value addition, future development, or long-term growth in one of the city's most vibrant neighborhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 34 days across the listings currently for sale in this city
This multi-family in London South (South G) has been listed for 0 days, which is 34 days fresher than the city average of 34. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,999, about 13.2× the local median household income of $75,500.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 159% 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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