For Sale

93 High Street, London, Ontario N6C4J8

$4,500,000

93 High Street, London, Ontario N6C4J8 is For Sale and has a listing price of 4,500,000. The property is located in the South London neighbourhood. It's been on the website for 10 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 30
    Parking Spaces
  • MLS ID: X10408630
  • Office Name THRIVE REALTY GROUP INC.,THRIVE REALTY GROUP INC.
Property Description

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that’s both attractive and enduring. Don’t miss out! (id:43137)

Property Details
  • MLS ID: X10408630
  • Price: $4,500,000
  • Transaction Types: For Sale
  • Ref ID: 27619209
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/05/2024 X10408524 $4,500,000 For Sale - -
11/05/2024 X10408630 $4,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
South London
  • $751,895 Average List Price
    based on 1 year
  • 35 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.9 % Up
  • Sold (12mo) 75
  • Rented (12mo) 14

  • 1 Month Change +31.1%
  • 3 Month Change +17.8%
  • 6 Month Change +39.0%
Walkscore
Property Type Distribution
  • All Houses
    86.57%
  • Commercial
    4.71%
  • Condo
    8.43%
  • Land for Sale
    0.29%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Total Parking Spaces: 30
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/11/2024 00:00:00
  • Zoning Rmd1*264
  • Agent Name: KEVIN MILLER,RACHEL MURPHY
  • Last Updated: 05/11/2024 19:54:11
Open House Dates
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