153 GODFREY DRIVE, London East (East D)

2025-10-31
 

Quick Summary

Location
153 GODFREY DRIVE, London East (East D), Ontario N5V2E8
Price
$1,525,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5000 sqft

MLS®#X12494880

Property Description

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $133,755 and an NOI of $95,570. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 5000 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 83.21 x 124.98 FT

Zoning

  • Description: R9-2*H-12

Information entered by THRIVE REALTY GROUP INC.
Listing information last updated on: 2025-12-18 17:26:39


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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

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.


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