Active
93 High St
London Ontario, N6C 4J8
C$4,500,000
C$215.22 per sqft
Active
20,909 sqft
Commercial
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
X10408630
MLSⓇ ID
December 28, 2024
Updated
Map
93 High St
London Ontario, N6C 4J8
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
N
Heating
Yes
Heating Description
Gas Hot Water
Exterior/Building Features
Lot Size
0.33 Acres
Other Property Details
Area Name
South F
Taxes
$44,866
Tax Frequency
Annually
Garage
No
Parking
None
Parking Total
30
View
No
County
Ontario
Municipality
London
Water Source
Municipal
Pool
No
Zoning
R9-4
Courtesy of Listed by , THRIVE REALTY GROUP INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 12:39 AM UTC, 12/28/2024