129 JOHN Street, London | Image 1

129 JOHN Street

London, East F

  • 9 bed 19 bath 5000 sqft
$5,595,000 est.*: $18,954/mo
For Sale

Added 3 months ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 5000 sqft

  • Lot Size: 65 x 202.67 Feet

  • Age: 51-99 years

  • Taxes: $47,160 per year

  • Days on Site: 39 Days

  • Added: Aug 01, 2024 (3 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • MLS®#: X9234740

  • Listed By: Sutton group - select realty

Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 5000

  • Age: 51-99

  • Area: London

  • Community: East F

  • Availability Date: FLEXIBLE

  • Assessment Amount: $1,601,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 9

  • Bathrooms: 19

  • Kitchens: 9

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 19

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Apartment

  • Basement 2: Sep Entrance

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Elevator: N

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Other

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Spaces: 3

  • Garage Type: Detached

  • Covered Parking Spaces: 9

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 27 RCP 1032 CITY OF LONDON

  • Taxes: $47,160

Highlights

  • Feature: Fenced Yard

  • Feature: Hospital

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: JOHN ST & TALBOT ST

  • Municipality District: London

  • Fronting On: South

  • Parcel Number: 082630005

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 202.67 Feet

  • Lot Frontage: 65 Feet

  • Acres: < .50

  • Zoning: R3-1

  • Waterfront: None

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Walker's Paradise

  • Daily errands do not require a car.
93 /100

Good Transit

  • Some errands can be accomplished by public transportation.
68 /100

Very Bikeable

  • Most errands can be accomplished on bike.
88 /100
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Map of 129 JOHN Street, London
JK-8

St Michael

Elementary: Catholic
1.73 km
JK-8

Victoria Public School

Elementary: Public
1.99 km
JK-8

St Georges Public School

Elementary: Public
1.01 km
JK-8

Ryerson Public School

Elementary: Public
1.61 km
K-8

Lord Roberts Public School

Elementary: Public
1.22 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
0.73 km
9-12

École secondaire Gabriel-Dumont

Secondary: Public
3.33 km
9-12

École secondaire catholique École secondaire Monseigneur-Bruyère

Secondary: Catholic
3.31 km
9-12

London South Collegiate Institute

Secondary: Public
2.55 km
9-12

London Central Secondary School

Secondary: Public
0.84 km
9-12

Catholic Central High School

Secondary: Catholic
1.28 km
9-12

H B Beal Secondary School

Secondary: Public
1.66 km

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