A pic from exterior of the house or condo, the fenced backyard for 387 Horton St, London Ontario N6B 1L6
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Indoor entryway, wood floors for 387 Horton St, London Ontario N6B 1L6
94 days on Market

387 Horton St, London, Ontario N6B 1L6

$749,900
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Townhouse
7
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,221/mo

Tax Amount (2023)$2,490/yr

Days On Market94 days


Description

Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt-
Lot Size5,445 SqFt(165 x 33)
Parking Spaces4
MLS ®NumberX9253691
Community NameCentral London
Data SourceTRREB

Features

Heating: Forced Air
Basement: Crawl Space, Unfinished

Features

Lot size: 5,445 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$749,900Active
94 days on market
Listing by trreb®
history photo preview40
Aug 11, 2024
ListedFor Salefor$795,000Expired
Stayed 151 days on market
Listing by trreb®
history photo preview40
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Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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