40473101

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Property Description

Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood. Excellent opportunity to live in the big 2 story front unit which was the the original home when it was built and rent the other 2 units out to pay the mortgage!!! This home is close to downtown London and Western University. Only a one minute walk to Victoria park or Richmond row shops. Can’t find a better location to make an investment! In the past two years this building has had over $150,000 in upgrades. Unit #2 has been fully renovated, All of the wiring has been upgraded with ESA inspections; new eves and fascia; steel roof (2017); new exterior doors; new stamped concrete patio; 3 hot water tanks (owned); new large bathroom in front unit (#1), all new appliances in units 2&3 plus brand new washer/dryer in every unit. Each unit has a separate gas furnace, central A/C, gas meter and hydro meter. Plenty of parking available in private drive and at rear. Before COVID 5 of the 9 parking spaces where rented monthly to London Life employees at $100/month. Those employees will be returning to the office soon. Property has two 3 bedroom units and one 2 bedroom unit. All Units have decks/outdoor space. Large 2 storey unit is rented $2500/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and is rented for $2400/month. Allen Tenants pay gas and hydro. Low expenses, excellent net income. Great opportunity to add to your portfolio

Features
: Forced Air, Natural Gas
: Central Air
: Unfinished, Partial
: 8
: Dishwasher, Dryer, Refrigerator, Washer, Stove
: Separate Heating Controls, Separate Hydro Meters
: Main Level, In-suite
: Schools, Shopping Nearby, Urban, Park, Place Of Worship, Playground Nearby, City Lot, Public Transit
: Asphalt, Gravel
: Metal
: Sewer (municipal)
Address Map
ON
Middlesex
London
N6B 2C4
303 Wolfe Street
0
W82° 45′ 13.1”
N42° 59′ 24.6”
North
TURN EAST OFF WELLINGTON ROAD
Additional information
ROYAL LEPAGE TRILAND REALTY
: 2.5 Storey
: Brick
: Block
: South
: Dryer, Garage Door Opener, Window Coverings, All Elfs, B/i Island Cooktop
1
: 51-99 Years
1
C$9415
: Municipal

303 Wolfe Street, London, ON N6B 2C4 40473101

303 Wolfe Street, London, ON N6B 2C4

7 Bedrooms
4 Bathrooms
3,600 Sqft
C$1499900
Listing ID #40473101
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 40473101
Price : C$1499900
Bedrooms : 7
Rooms : 16
Bathrooms : 4
Half Bathrooms : 1
Square Footage : 3,600 Sqft
Bathrooms Total : 4.5
Building Area : 3,600 Sqft
Status : Active
Property SubType : Single Family Residence
Zoning : R3-1(6)
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