126 Price Street, London | Image 1

126 Price Street

London, East M

  • Commercial

$1,550,000
For Sale

Added 1 day ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2-2

  • Age: New

  • Taxes: 144.76

  • MLS®#: X11965062

  • Days on Site: 1 Days

  • Added: Feb 10, 2025 (1 day ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX CENTRE CITY REALTY INC.

Newly built 4 plex just waiting to be added to your portfolio or live in one unit and rent the rest! This impressive 4 unit multi-family property has been built with care and attention to detail. Featuring 2-3 bedroom luxury suites and 2-1 bedroom luxury suites. The 3 bedroom suites feature large living area, country kitchen and 2.5 bathrooms. The 1 bedroom suites offer a private entrance with mural, high ceilings, and plenty of storage space. Each suite has separate heat, A/C, hydro and laundry with ease to separate water so each unit can be individually metered. All this with and attractive 5.9% estimated cap rate. Currently vacant with estimated rents reaching $2550 each for the 3 bedrooms and $1750 for the one bedrooms.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: New

  • Net Income: 103200

  • Area: London

  • Community: East M

  • Availability Date: IMMEDIATE

  • Assessment Amount: $495,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Trailer Parking Spots: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 3 E/S PRICE ST PLAN 315 AS IN 920972

  • Taxes: $145

  • Expenses: Est

  • Insurance Fee: 5000

  • Operating Fees: 11200

  • Taxes Type: Annual

  • Taxes: 5000

  • Tax Year: 2025

  • Water Fees: 1200

Land

  • Cross Street: HAMILTON

  • Municipality District: London

  • Parcel Number: 083350191

  • Sewer: Sanitary

  • Lot Depth: 151.22 Feet

  • Lot Frontage: 47.12 Feet

  • Zoning: R2-2

Additional Media

  • Virtual Tour: https://www.vr-360-tour.com/e/no8BlPAoyY0/e?hide_e3play=true&hide_logo=true&hide_nadir=true&hidelive=false

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 1652

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Financial Statement: N

  • Gross Income/Sales: 103200

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Very Walkable

  • Most errands can be accomplished on foot.
83 /100

Some Transit

  • Most errands require a car.
44 /100

Very Bikeable

  • Most errands can be accomplished on bike.
74 /100
Map of 126 Price Street, London
JK-8

Holy Cross Separate School

Elementary: Catholic
0.19 km
JK-8

Trafalgar Public School

Elementary: Public
0.37 km
JK-8

Ealing Public School

Elementary: Public
0.68 km
JK-8

St Sebastian Separate School

Elementary: Catholic
1.51 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
0.80 km
JK-8

Princess Elizabeth Public School

Elementary: Public
1.55 km
9-12

G A Wheable Secondary School

Secondary: Public
1.20 km
9-12

Thames Valley Alternative Secondary School

Secondary: Public
2.00 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
0.91 km
9-12

John Paul II Catholic Secondary School

Secondary: Catholic
3.53 km
9-12

Catholic Central High School

Secondary: Catholic
2.67 km
9-12

H B Beal Secondary School

Secondary: Public
2.31 km

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