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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: R2-2
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Age: New
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Taxes: 144.76
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MLS®#: X11965062
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Days on Site: 32 Days
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Added: Feb 10, 2025 (2 months ago)
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Updated:
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Last Checked: 1 month ago
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Listed By: RE/MAX CENTRE CITY REALTY INC.
Perfect for multi-generational living or investment. Welcome to 126 Price St., a beautiful designed fourplex offering the best of both worlds; a perfect home for multi-generational living or an outstanding investment opportunity. With a total of eight bedrooms and eight bathrooms spread across four thoughtfully designed units, this property provides flexible living space for families, young professionals, or investors. Both of the 3-bedroom suites offers a spacious, open-concept living area, ideal for entertaining, while the 1-bedroom suites are perfect for singles or couples. The property features private entrances, separate utilities, in-suite laundry, and ample storage space, ensuring convenience and privacy for all residents. This investment gem is located in a desirable neighbourhood close to everything you need, including shopping, hospitals, and public transit. The property is fully fenced and includes parking for four vehicles, ensuring comfort and security. With established rental incomes of up to $2,550 per month plus utilities for the larger units, this fourplex promises an attractive 6.57% cap rate for savvy investors looking for long-term growth. Explore the potential of this versatile property today!
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
Very Walkable
- Most errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Very Bikeable
- Most errands can be accomplished on bike.
Holy Cross Separate School
Elementary: CatholicTrafalgar Public School
Elementary: PublicEaling Public School
Elementary: PublicSt Sebastian Separate School
Elementary: CatholicLester B Pearson School for the Arts
Elementary: PublicPrincess Elizabeth Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicThames Valley Alternative Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicJohn Paul II Catholic Secondary School
Secondary: CatholicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public-
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