787 Manchester Road, London
MLS® # 40578244
Attention Student Parents and Investors! Total Yearly Income is $56,760 ($4,730/month). Location Location Location. Fantastic exposure right on Oxford & Wharncliffe Road. Short distance to Downtown, Hospital, Western University and Fanshawe College. Three Unit Residential building, once in a lifetime opportunity to add this in your investment portfolio. Comes with a huge lot with plenty of parking space. Recently renovated, bright & spacious units and highly demanded area, making this a perfect turnkey rental property. Unit A: 2 Bedroom - Two levels like a townhouse, main floor comes with open concept living/dining, updated white kitchen, powder room, second floor features 2 bedrooms with full washroom and laundry in suite. Currently rented for $2,190/month. Leased until April 30th 2025. Unit B: 1 Bedroom - rented for $1,130/month. Leased until Oct 31st, 2024. (Projected rent $1,340/month) Very bright unit with modern finishes such as pot lights and ensuite laundry. The kitchen has newer cabinets and quartz counter tops with a built in microwave and dishwasher. Unit C: Bachelor - rented for $1,195/month. Leased until April 30th, 2025. All clean and responsible tenants maintaining the units. The building has lots of potential for increasing the rents drastically. Close proximity to all other desired amenities such as Cherry Hill Mall, Richmond Row and much more. Won't last long in this market! Book your viewing today.
Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
Urban, Airport, Business Centre, City Lot, High Traffic Area, Highway Access, Major Highway, Open Spaces, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
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