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Property Description

6-Unit Property in Woodfield, London Investor’s dream in Woodfield neighborhood! Discover a meticulously maintained 6-unit residential property in the heart of London, Ontario. This stately building is situated on a quiet street and offers an incredible opportunity for savvy investors. Property Highlights: Prime Location: Located in the historic Woodfield neighborhood, known for its charm and proximity to downtown London. Enjoy the perfect blend of tranquility and convenience, with local parks, shops, and dining options just moments away. Income Potential: With six units in total, this property presents a rare chance to invest in a stable building. Two fully renovated units feature upscale finishes, appealing to tenants with a taste for modern living. Tenant Stability: Four units are occupied by long-term tenants, ensuring consistent rental income from day one. This established tenant base provides an immediate return on investment. Ample Parking: The property offers dedicated parking for six vehicles, a valuable feature that tenants will appreciate. This convenience adds to the property’s overall appeal. Architectural Charm: The building’s stately exterior exudes classic elegance, setting it apart in the neighborhood and adding to its desirability. Investment Opportunity: This property is a smart addition to any investor’s portfolio. The two fully renovated units command premium rents, and the potential for rent increases in the remaining units offers attractive long-term upside. Woodfield’s reputation ensures a consistent demand for rental properties, making this an opportunity not to be missed. Don’t miss out on this chance to own a prestigious property in the coveted Woodfield neighborhood. Contact us today to schedule a viewing and explore the potential of this remarkable investment opportunity.

Features
: Electric, Natural Gas, Radiator
: Unfinished, Partial
: Porch
: 6
: Refrigerator, Stove, Built-in Microwave
: Balcony
0
: Separate Hydro Meters
: Other
: Schools, Shopping Nearby, Park, City Lot, Library, Public Transit, Public Parking
: Gravel
: Shingle
: Carbon Monoxide Detector, Smoke Detector
: Sewer (municipal)
Address Map
ON
Middlesex
London
N6B 3A6
45 Palace Street
0
W82° 45′ 41.6”
N42° 59′ 34.3”
ADELAIDE ST NOTH, CENTRAL AVE WEST, SOUTH ON PALACE STREET
Additional information
KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE
: Vinyl Siding
: Brick/mortar
: West
: Central Vac, Dishwasher, Range Hood
6
: 100+ Years
2
C$7978
: Municipal

45 Palace Street, London, ON N6B 3A6

6 Bedrooms
3,596 Sqft
C$849000
Listing ID #40539267
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40539267
Price : C$849000
Bedrooms : 6
Square Footage : 3,596 Sqft
Building Area : 3,596 Sqft
Status : Active
Property SubType : Multi-6-9 Unit
Zoning : R3-2
Agent info
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