Frontside or backside of a home, the front or back of building for 764 King St, London Ontario N5W 2X4
107 days on Market

764 King St, London, Ontario N5W 2X4

Detached
3
2
- sqft
$499,900
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Detached
3
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,147/mo

Tax Amount (2023)$2,002/yr

Days On Market107 days

Description

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. 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. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. 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

Style2-Storey
View-
Age of property-
SqFt-
Lot Size5,412 SqFt(164 x 33)
Parking Spaces3
MLS ®NumberX10412015
Community NameEast London
Data SourceTRREB
Listing byINITIA REAL ESTATE (ONTARIO) LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Part Fin

Bsmt Floor

Laundry

5.00 x 2.00

Rec

5.40 x 3.20

Features

Lot size: 5,412 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3

Property History

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Nov 7, 2024
ListedActive
$499,900
107 days on market
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Listing by trreb®
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Terminated
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Listed
$•••,•••
Stayed -- on market
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Listing by trreb®
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Stayed -- on market
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Listing by itso®
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Listed
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Stayed -- on market
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Listing by itso®
Property listed by INITIA REAL ESTATE (ONTARIO) LTD, Brokerage
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Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget