NEW! Buy and sell safely with virtual options - Learn More
About the Listing 396202 -
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $140,091.96 with an NOI of $96,249.46. Attractive assumable financing available (approx. 2.69% until Dec 2031 - subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.
Listing Highlights
Status
Active
Days on Site
76
Property Type
Commercial Sale
MLS ®
X12494896
Year Built
Total Square Footage
6,000
Lot/Acreage
12465
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $16,778
- Taxes w/Assessments: N/A
- Tax/Property ID: 081020351
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
139 Godfrey Dr London, ON N5V 2E8
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
