We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
387 HORTON Street, LONDON
2024-03-13
Quick Summary
- Location
- 387 HORTON Street, LONDON, Ontario N6B1L6
- Price
- $795,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3000ft2
- Bedrooms:
- 7
- Bathrooms:
- 5
- Year of Construction:
- 1930
MLS®#40552832
Property Description
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Schools, Shopping
Building
- Basement Development: Unfinished
- Basement Type: Crawl space (Unfinished)
- Cooling Type: None
- Exterior Finish: Stucco, Vinyl siding
- Fireplace: No
- Interior Size: 3000.0000
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Paved driveway
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: R8-4,AC4
Information entered by CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
Listing information last updated on: 2024-04-02 17:44:00
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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- Phone:
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- Email:
- patrick.lexima@gmail.com
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- Email:
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- Phone:
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- Email:
- benlind_d@hotmail.com
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