$1,100,000

840 Richmond Street

London ON, N6A 3H8

Description

Amazing investment opportunity in this beautifully renovated Classic Triplex in North London. Ideally located only blocks from Richmond Row and UWO, this location is sure to provide uninterrupted tenancy and secure income for years to come. The (3) three bedroom main floor unit leases for $1875 per month plus hydro, the (1) one bedroom main floor unit leases for $1025 per month plus hydro. There is also a spacious (3) three bedroom upper floor unit that leases for $1950 per month plus hydro. A long list of renovations and upgrades include but are not limited to 40 years shingles (2010), 98% efficient Boiler (2010), electrical fully updated and separately metered (2016), triple pane windows (2009), 18 inches of blown attic insulation (2016), upgrades to both (3) three bedroom units (2016) with commercial grade laminate flooring covering area living spaces, ceramic tiles in bathrooms and kitchen floors, granite countertops, glass showers, in suite laundry, LED lighting, new plumbing and integrated smoke and CO2 detectors. The private driveway will accommodate parking for 4 vehicles. City of London Rental License validated February 2021. New water supply lines from city installed 2016. Asbestos Abatement Certification of Removal available. Fantastic turn key investment!

Details

MLS#40081676
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site36

Features

Units3
Building(s)1
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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6A 3H8
AreaEast
Listing VS Median (in N6A 3H8)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
On Site:
36
low | high
Med:
36
100% of Average
Sourced by Back At You
Listing Updated: April 21, 2021 8:00:45 PM PDT
ASHLEY MOORE LogoMLS Number: 40081676
Listing Provided By:
ASHLEY MOORE  of  THE REALTY FIRM INC.
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