337 BOLER ROAD, LONDON

2024-07-25
 

Quick Summary

Location
337 BOLER ROAD, LONDON, Ontario N6K2K4
Price
$1,198,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2842ft2
Bathrooms:
6
Photo Link:

MLS®#X9054135

Property Description

Offering impresssive assumable financing of full exitisting mortgage which would be over 85% of the asking price with a fixed interest rate at 4.285% with 50 year ammortization and term maturity on July 1st, 2024. This allows this asset to run at at approximately a 10% cash on cash return with utulizing actual and CMHC values; amounting to over $1500 in positive cashflow monthly after all expenses and mortgage expense paid (Over $18,000 annual postive cashflow after expenses and mortgage paid). This unique and rare offering boasts the only legal sixplex in all of Byron, one of London's premiere neighbourhoods. Featuring a projected rental income of up to $100,000 per annum; with oppurtunity to add value with the placement of newtenants (and the option to seperately meter the hydro). The prestigious location makes this property an ideal candidate to attract high quality working professional tenants, especially with each unit having its own dedicated parkinginclusive with one to spare; featuring a total of seven seperate spots (in both the front and rear of the property). This property was recently renovated fullytop to bottom: with all new bathrooms, modern bespoke and retrofitted kitchens ,new flooring throughout, modern interior and exterior paint, updated exterior,new metal roof on the front portion, new high efficiency windows, updated plumbing, and a full electrical house rewire including a new 300 amp service &panels, coin laundry attachments, an owned tankless on demand hot water heater,and includes six gas fireplaces (one per unit) installed as primary heat sourcewith newer electric baseboard heaters (as secondary backup heat sources). The prime location of this property has it situated in direct proximity to public transit, a grocery store, banking, restaurants, coffee shops, a gym, clinics andin walking distance to a drug store, nature spaces, trails and parks including the pride of London's park system, Springbank Park. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Recreation

Building

  • Appliances: Dryer, Range, Refrigerator, Stove, Washer
  • Fireplace: No
  • Interior Size: 2842 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size

Land

  • Land Size: 64 x 73 FT ; 64 x 73.53 x 60.69 x 8.34 x 8.34 x 58.76

Zoning

  • Description: R6-4(11)

Information entered by EXP REALTY
Listing information last updated on: 2024-10-09 16:28:36


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$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.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

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!

Q
What do you charge?

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.

Q
Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

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 ...

Full Profile

 

Gavin Yuan Real Estate Agent

Phone:
5199331092
Email:
gaviny@gmail.com
Support Area:
KITCHENER, WATERLOO, CAMBRIDGE, GUELPH, ERAMOSA/ROCKWOOD, WOODSTOCK, LONDON, MILTON, GEORGETOWN, ACTON, CALEDON, AND ALL SURROUNDED AREAS

MY MISSION TO HELP YOU REACH YOUR GOALS IN REAL ESTATE With my over 10 years’ professio ...

Full Profile

 

Junxiang Lin Salesperson

Phone:
5199339937
Email:
benlind_d@hotmail.com
Support Area:
London

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

Full Profile