86 Wilson Avenue London North, Ontario N6H 1X7

9 Bedroom 3 Bathroom 1,500 - 2,000 sqft
Bungalow Central Air Conditioning, Wall Unit Forced Air, Heat Pump

$799,999

86 Wilson Ave, London - a licensed triplex in Blackfriars, built for the investor who wants to start cash flowing now and keep building from there. Three separate units, three separate entrances off different sides of the building. Unit 1 is 3 bedrooms, 1 bathroom with a lower level living room; Unit 2 is a 2+1 bedroom, 1 bathroom unit; Unit 3 is a 3 bedroom (all on main floor), 1 bath unit. All units are operating under a City of London rental licence, already compliant and ready to operate. This one is already earning: two of the three units are generating income today, with a third sitting vacant and ready to lease immediately - no need to wait. Add in two more available bedrooms in Unit 1, as well as the potential to improve aspects of the property and there's real upside built in from day one, without spending a dollar to unlock it.The big-ticket items are already handled: roof and most windows replaced 2017-2018, forced-air gas furnace and central air in place, electrical separately metered per unit for cleaner operations. Steps from downtown London and the Thames river pathway system, Labatt Park, Canada Life Place and all the restaurants and shopping convenience of being downtown adjacent - the kind of location that keeps units filled and rents moving in the right direction. Three units. Three incomes. One ready-to-go, licensed, turnkey property in a location that works. This is how a portfolio gets built. Buyer to verify rents, utility arrangements, rental licensing status, and unit condition independently. More financial information available upon request. (id:49269)

Property Details

MLS® Number X13830312
Property Type Multi-family
Community Name North N
Amenities Near By Public Transit
Community Features School Bus
Equipment Type Water Heater, Water Heater - Tankless
Features Carpet Free
Parking Space Total 9
Rental Equipment Type Water Heater, Water Heater - Tankless

Building

Bathroom Total 3
Bedrooms Above Ground 8
Bedrooms Below Ground 1
Bedrooms Total 9
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Water Heater - Tankless, All, Furniture
Architectural Style Bungalow
Basement Development Finished,partially Finished
Basement Type N/a (finished), N/a (partially Finished)
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Wood, Concrete Block
Foundation Type Block, Concrete
Heating Fuel Electric, Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 1
Size Interior 1,500 - 2,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 144 Ft ,7 In
Size Frontage 55 Ft ,9 In
Size Irregular 55.8 X 144.6 Ft
Size Total Text 55.8 X 144.6 Ft
Zoning Description R2-2

Rooms

Level Type Dimensions
Basement Bedroom 3.79 m x 2.94 m
Basement Living Room 5.18 m x 2.94 m
Basement Laundry Room 2.43 m x 5.3 m
Basement Living Room 5.79 m x 3.86 m
Main Level Bedroom 2.79 m x 5.08 m
Main Level Bathroom 1.51 m x 2.93 m
Main Level Living Room 4.65 m x 2.3 m
Main Level Kitchen 3.53 m x 5.45 m
Main Level Bedroom 2.93 m x 3.99 m
Main Level Bedroom 4.07 m x 4.04 m
Main Level Bedroom 2.32 m x 3.06 m
Main Level Bathroom 2.32 m x 2.24 m
Main Level Bedroom 3.07 m x 2.46 m
Main Level Bedroom 3.11 m x 2.46 m
Main Level Kitchen 3.79 m x 4.89 m
Main Level Bathroom 1.59 m x 2.32 m
Main Level Foyer 3.95 m x 4.17 m
Main Level Bedroom 3.47 m x 2.63 m
Main Level Bedroom 4.01 m x 2.63 m
Main Level Kitchen 4.28 m x 3.37 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30329902/86-wilson-avenue-london-north-north-n-north-n

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found