63 Cleveland Place London, Ontario N5Z 4T5
$995,000
Enhance your investment portfolio with this ideal property! Featuring three distinct units, each boasting its own separate entrance, this brand-new triplex offers exceptional investment potential. Not only will it require minimal maintenance, but it also presents an excellent opportunity for house-hacking. Seize the opportunity presented by recent changes in city building requirements and make the most of this property. The main floor features a self-contained bachelor unit equipped with its own kitchen and full bathroom, accessible through a separate entrance. Additionally, a spacious two-bedroom unit can be found on the same floor. Moving to the second floor, you'll discover a complete home with four bedrooms, 2.5 bathrooms, a separate kitchen, and a dedicated laundry area. With today's market rents, this property has the potential to generate positive cash flow when fully occupied. Estimated Rents to be $65,000+ per year. Call for any questions! (id:45615)
Property Details
| MLS® Number | 40490694 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Place Of Worship, Playground, Public Transit |
| Community Features | School Bus |
| Features | Cul-de-sac |
| Parking Space Total | 8 |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 7 |
| Appliances | Garage Door Opener |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Brick Veneer, Hardboard |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2500 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Playground, Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 37 Ft |
| Size Irregular | 0.38 |
| Size Total | 0.38 Ac|under 1/2 Acre |
| Size Total Text | 0.38 Ac|under 1/2 Acre |
| Zoning Description | R1-4 |
https://www.realtor.ca/real-estate/26101650/63-cleveland-place-london
Salesperson
(519) 673-3390
(519) 673-6789
420 York Street
London, Ontario N6B 1R1
(519) 673-3390
(519) 673-6789
firstcanadian.c21.ca/
facebook.com/C21First
instagram.com/c21first
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September 26 2023 04:02:29
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage