581 William Street S London East, Ontario N6B 3E8
$875,000
Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced (id:49269)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X14129506 |
| Property Type | Multi-family |
| Community Name | East B |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Age | 51 To 99 Years |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 3200 Sqft |
| Size Interior | 3,200 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 75 Ft ,3 In |
| Size Frontage | 45 Ft ,9 In |
| Size Irregular | Bldg=45.8 X 75.27 Ft |
| Size Total Text | Bldg=45.8 X 75.27 Ft |
| Zoning Description | R3-2 |
https://www.realtor.ca/real-estate/30458191/581-william-street-s-london-east-east-b-east-b
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October 29 2026 07:22:12
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