Property Details
64 DUCHESS AVENUE, London, Ontario, N6C1N2
Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $81,901.84 and a current cap rate of 5.46%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (id:2471)
- Property Address: 64 DUCHESS AVENUE, London, Ontario, N6C1N2
- Community Name: South F
- Property Type: Multi-family
- Zoning Description: R2-2
- Lot Size: 93.6 x 107.5 FT
- Acreage: 93.6 x 107.5 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Total Parking Spaces: 10
- Amenities Nearby: Place of Worship, Park, Public Transit
- Structure Style: Other
- Storeys: 2.5
- Floor Space: 2999.975 - 3499.9705 sqft
- Bedrooms: 7
- Bathrooms: 5-Total
- Basement Type: Full
- Heating Type: Natural gas, Radiant heat
- Exterior Type: Brick
- Foundation Type: Unknown
- Appliances Included: Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Structures: Porch, Shed
- Flat site
- Carpet Free
- Landscaped
- Community Centre
Listing Office: KELLER WILLIAMS LIFESTYLES
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