764 KING STREET, LONDON

2024-04-08
 

Quick Summary

Location
764 KING STREET, LONDON, Ontario N5W2X4
Price
$499,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1499ft2
Bedrooms:
3
Bathrooms:
2

MLS®#X8214708

Property Description

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Amenities: Fireplace(s)
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Flooring Type: Laminate
  • Interior Size: 1499.9875 - 1999.983 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 33 x 164 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Structure

  • Structure: Porch, Shed

Zoning

  • Description: R8-4

Information entered by INITIA REAL ESTATE (ONTARIO) LTD
Listing information last updated on: 2024-09-17 00:50:19


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$500,000

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Patrick Lexima Salesperson

Phone:
6475345956
Email:
patrick.lexima@gmail.com
Support Area:
London, St-Thomas

I have been in the Real Estate business for over 10 years. I love the idea of providing great servic ...

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benlind_d@hotmail.com
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Lived in London Ontario since 2014, took my time to finish my Finance degree at Western. I guarante ...

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