43 Days on Market

764 King St, London, Ontario N5W 2X4

$499,900
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Detached
3
2
~2400 sqft

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Highlights

Estimated Value$447,000*

Price/Sqft$208/sqft

Days On Market43 days

Est. Mortgage$2,147/mth

Tax Amount (2023)$2,002/yr

*Last updated on: 24/05/18

Description

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.


Property Details

Style1.5 Storey
View-
Age of property-
SqFt~2400 SqFt
Lot Size5,412 SqFt(164 x 33)
Parking Spaces3
MLS ®Number40567732
Community NameEast London
Board NameITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Partially Finished

Main Floor

Dining Room

4.09 x 3.12

Kitchen

3.45 x 2.84

Living Room

3.66 x 3.66


Features

Lot size: 5,412 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Now
Listed for$499,900
39 days on market
history photo preview4
Now
Listed for$499,900
43 days on market
history photo preview4
-
Listed for$499,900Expired
— days on market
history photo preview11
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Property listed by INITIA REAL ESTATE (ONTARIO) LTD, Brokerage
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Schools and amenities

Estimated Budget

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