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!
129 JOHN STREET, LONDON
2024-08-01
Quick Summary
- Location
- 129 JOHN STREET, LONDON, Ontario N6A1N7
- Price
- $5,595,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 4999ft2
- Bedrooms:
- 9
- Bathrooms:
- 19
MLS®#X9234740
Property Description
Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Park, Place of Worship, Public Transit, Schools
Building
- Appliances: Dishwasher, Dryer, Refrigerator, Stove, Wall Mounted TV
- Basement Features: Apartment in basement, Separate entrance
- Basement Type: N/A
- Cooling Type: Window air conditioner
- Exterior Finish: Aluminum siding
- Fireplace: No
- Interior Size: 4999.958 - 99999.6672 sqft
- Building Type: Other
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 65 x 202.7 FT|under 1/2 acre
- Sewer: Sanitary sewer
Zoning
- Description: R3-1
Information entered by SUTTON GROUP - SELECT REALTY
Listing information last updated on: 2024-10-09 16:29:30
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Your One Percent Realty Commission savings†
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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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