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1576 CALEDONIA STREET, London East (East H)
2025-05-09
Quick Summary
- Location
- 1576 CALEDONIA STREET, London East (East H), Ontario N5W2W7
- Price
- $1,750,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 5000 - 100000 sqft
- Bedrooms:
- 18
- Bathrooms:
- 12
- Garages:
- 16
MLS®#X12137351
Property Description
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Schools
Building
- Amenities: Separate Heating Controls
- Appliances: Intercom, Water Heater, Water meter
- Basement Features: Separate entrance
- Basement Type: N/A
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 5000 - 100000 sqft
- Building Type: Other
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Irregular lot size, Flat site, Lighting
Land
- Land Size: 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3
- Sewer: Sanitary sewer
Zoning
- Description: R2-3
Information entered by THRIVE REALTY GROUP INC.
Listing information last updated on: 2026-05-24 23:10:54
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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.
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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