Exceptional Fully Tenanted mixed use Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income- generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq.
ft. of living space plus 500 sq ft Commercial unit , with abundant natural light, large windows, and high ceilings throughout. 1 Commercial Unit (500 sq.
ft.) with excellent street exposure,3 parking spaces at the front. Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms.
A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, 4 owned water heaters, New windows and plumbing, fully updated kitchens and washrooms.
This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio. dedicated front parking and 5 parking spots at the back.
3 stoves, 3 Refrigerators, 2 washers, 2 dryers.
