688 Exeter Road Street Unit# 2-12 London, Ontario N6E 1L2

18 Bedroom 18 Bathroom 7692
Central Air Conditioning Forced Air


This rare investment offering includes six seperately titled townhomes being sold as package. With creative take back financing being offered by the seller; this secure upscale set of townhomes makes for a great oppurtunity; with a 25% or $40,000 rent upside possible.The solid brick construction, poured concrete foundations and other aestethic and quality construction elements set this property apart. Each unit features three spacious bedrooms on the upper level along with three washrooms; a three piece bath, an ensuite three piece and a half bath on the main level. The design is well suited to accomidate for an additional bedroom, living space, and/or washroom with the available rough in; within the partially finished basements. At present five of the six units are rented; leaving the option with the vacant unit for occupation or rental by the future buyer. As this is six units, various financing options may be available to the buyer in both the residential and commercial lending spaces; all aided along with the option of the aformentioned vendor take back (VTB) being offered by the sellers. These properties are registered as a condominium corporation; leaving it open for the new ownership to create a condo board and to sell off these units in the future individually if desired. The property sits only minutes from the Highway 401 and Highway 402 major transportation routes and from White Oaks Mall. The area at the South end of White Oaks offers ease of travel to East and West London. This pocket also sits in close proximity to many parks, green space areas, community centers and other activties and shopping experiences. (id:45615)

Property Details

MLS® Number 40535797
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Southern Exposure, Paved Driveway
Parking Space Total 16
Rental Equipment Type Water Heater
Structure Porch


Bathroom Total 18
Bedrooms Total 18
Appliances Microwave
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 2009
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 7692
Utility Water Municipal Water


Attached Garage
Visitor Parking


Access Type Road Access, Highway Access
Acreage No
Fence Type Fence
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Irregular 0.476
Size Total 0.476 Ac|under 1/2 Acre
Size Total Text 0.476 Ac|under 1/2 Acre
Zoning Description R3-3 / R5-4



(226) 224-1390
(647) 849-3180
380 Wellington Street, Tower B 6th Floor, Suite B
London, Ontario N6A 5B5

(866) 530-7737
(647) 849-3180


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