193 Wharncliffe Road North, London | Image 1

193 Wharncliffe Road North

London, North N

  • Commercial

$1,000,000
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(19)

  • Age: 100+ years

  • Taxes: 5537.4

  • MLS®#: X11898902

  • Days on Site: 1 Days

  • Added: Dec 19, 2024 (1 day ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ADVANTAGE REALTY LTD.

Opportunity knocks for savvy Investor to acquire a turn-key investment, within walking distance to Western University, Downtown and Bus Transit routes. Fully rented 2/1/2 -storey brick building located at northeast intersection of Wharncliffe Road North and Black Friars. New asphalt shingle roofing December 2024. Property features 4 units including -: one 5-bedroom unit over two floors, Bachelor unit & 2 two-bedroom units. Owned-forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,220.00. Utilities are included in Rents. 3 Hydro Meters on site.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: London

  • Community: North N

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 20 PLAN 58(W) AS IN 764932; S/T & T/W 764932 LONDON

  • Taxes: $5,537

  • Expenses: Est

  • Insurance Fee: 6500

  • Hydro Expense: 4431

  • Heat Expenses: 4305

  • Taxes Type: Annual

  • Taxes: 5537

  • Tax Year: 2024

  • Water Fees: 6092

Land

  • Cross Street: Drive North on Wharn

  • Municipality District: London

  • Parcel Number: 082540121

  • Sewer: Sanitary

  • Lot Depth: 66 Feet

  • Lot Frontage: 44 Feet

  • Zoning: R2-2(19)

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Rail: N

  • Sprinklers: Part

  • Total Area: 2500

  • Total Area Metric: Sq Ft

  • Office Size: 2500

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Financial Statement: N

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