63 CLEVELAND Place, London, Ontario, N5Z4T5
Bathrooms5Bedrooms7
Property TypeMulti-familyLot Size0.38 acres
Building Area2500

Enhance your investment portfolio with this ideal property! Featuring three distinct units, each boasting its own separate entrance, this brand-new triplex offers exceptional investment potential. Not only will it require minimal maintenance, but it also presents an excellent opportunity for house-hacking. Seize the opportunity presented by recent changes in city building requirements and make the most of this property. The main floor features a self-contained bachelor unit equipped with its own kitchen and full bathroom, accessible through a separate entrance. Additionally, a spacious two-bedroom unit can be found on the same floor. Moving to the second floor, you'll discover a complete home with four bedrooms, 2.5 bathrooms, a separate kitchen, and a dedicated laundry area. With today's market rents, this property has the potential to generate positive cash flow when fully occupied. Estimated Rents to be $65,000+ per year. Call for any questions! (id:15069)


Details
Amenities NearbyHospital, Place of Worship, Playground, Public TransitCommunity FeaturesSchool Bus
FeaturesCul-de-sacOwnershipFreehold
Parking Spaces8TransactionFor sale
Zoning DescriptionR1-4
Building
AppliancesGarage door openerBasementNone
CoolingCentral air conditioningExterior FinishBrick, Brick Veneer, Hardboard
FoundationPoured ConcreteBathrooms (Total)5
HeatingForced airSize Interior2500.0000
Storeys Total2TypeTriplex
Utility WaterMunicipal water
Land
Size Total0.38 ac|under 1/2 acreSize Frontage37 ft
AmenitiesHospital, Place of Worship, Playground, Public TransitSewerMunicipal sewage system
Size Irregular0.38

Listing Office: NU-VISTA PREMIERE REALTY INC., BROKERAGE

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :08/12/2023 04:40:40 PM

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