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77 Sterling Street, London East, ON N5Y 1Y6

London East, N5Y 1Y6

$975,000
6
Bedrooms
3
Bathrooms

About This Home

Take advantage of the HST Rebate pricing now!!! Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $75,000.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 2286 sq ft on main and upper unit and 831 sq ft in lower unit for a total of 3117 sq ft . It is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes and rapid transit corridor. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)

Facts & Features

MLS® Number X13611982
Price $975,000
Property Type Triplex
Style 2-Storey
Bedrooms 6 above grade, 0 below grade
Bathrooms 3
Lot Size 37 ft × 177 ft
Parking Total 3
Garage / Covered Spaces 0
City London East
Listing Brokerage ROYAL LEPAGE TRILAND REALTY

Location

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Based on this home's list price of $975,000.

20.0% down payment

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of ROYAL LEPAGE TRILAND REALTY. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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77 Sterling Street, London East, ON N5Y 1Y6

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