- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12494880
- Bus Major:
- Apts - 6 To 12 Units
- Photos (20)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 5000 sq. ft. Square Feet
- Total Area:
- 5,000 sq. ft.
- Lot Depth:
- 124'11¾"
- Lot Frontage:
- 83'2½"
- Lot Shape:
- Rectangular
- Water supply:
- Municipal
- Zoning:
- R9-2*H-12
- Heating type:
- Gas Hot Water
- Garage:
- None
- Parking Spaces:
- 12
- Possession Details:
- Immediate
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $15,105 / 2025
- Assessment:
- $- / -
- Middlesex
- London East
- East D
- All Landlord owned Appliances
- All Tenant Belongings
- Utilities:
- Yes
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
- Date Listed:
- Oct 31, 2025
- Original Price:
- $1,525,000
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Listed by THRIVE REALTY GROUP INC.
Data was last updated December 7, 2025 at 06:15 AM (UTC)
- SANDRA FIELD
- THRIVE REALTY GROUP INC.
- 1 (519) 2815289
- Contact by Email
660 Maitland St
London, ON, N5Y 2V8