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228 BURNSIDE DRIVE, London East (East I)
2026-02-26
Quick Summary
- Location
- 228 BURNSIDE DRIVE, London East (East I), Ontario N5V1B9
- Price
- $1,199,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3944 sqft
- Bedrooms:
- 9
- Garages:
- 6
MLS®#X12823036
Property Description
A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway, Public Transit
Building
- Appliances: Dryer, Washer
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 3944 sqft
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 60 x 155 FT
Zoning
- Description: R2-2
Information entered by SUTTON - JIE DAN REALTY BROKERAGE
Listing information last updated on: 2026-03-03 20:22:22
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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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