Unknown for 7 MARMORA St, London Ontario N5Z 1Z4
13 days on Market

7 MARMORA St, London, Ontario N5Z 1Z4

Townhouse
4
3
- sqft
$574,900
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Townhouse
4
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,469/mo

Tax Amount (2024)$3,508/yr

Days On Market13 days


Description

Amazing Investment Opportunity! This triplex at 7 Marmora has over 6% Cap Rate. All three units are rented at market rents with reliable, A+ tenants. Nestled on a quiet street, this property boasts a generous 165-foot deep lot providing ample parking and a good-sized backyard to enjoy. Conveniently located near bus routes, schools, downtown, and easy access to highway 401. This triplex is perfectly situated to enjoy all the amenities the area has to offer including Kelloggs Lane Entertainment Complex, the Western Fair and tons more. ESA and Final Building Permit completed after recent updates. Don't miss this great opportunity with over $47,000 in rental income!


Property Details

Style2-Storey
ViewCity
Age of property-
SqFt-
Lot Size5,752 SqFt(165.45 x 34.77)
Parking Spaces4
MLS ®NumberX12028372
Community NameHamilton Road
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance

Features

Lot size: 5,752 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

50 to 64
23%
20 to 34
22%
35 to 49
20%
0 to 19
20%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

Schools and amenities

Estimated Budget