193 WHARNCLIFFE Road North, London | Image 1

193 WHARNCLIFFE Road North

London, North N

  • Commercial

$945,000
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2-2(19)

  • Age: No Data

  • Taxes: 5143.3

  • MLS®#: X8381732

  • Days on Site: 193 Days

  • Added: May 07, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX ADVANTAGE REALTY LTD., BROKERAGE

Turn-key investment opportunity in fully rented 2/1/2 -storey brick building. Located on Wharncliffe Road North within walking distance to Western University, Downtown, Bus Transit routes and walkable Black Friars neighbourhood along the Thames River. 4 units featuring a single Bachelor unit, two 2-bedroom units and one 5-bedroom unit, . Owned forced air Gas Furnace, Coin-op laundry and two hot water tanks. On-site car Parking. Gross Income approximately $83,025.00. Utilities included in Rents. 3 Hydro Meters.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Community: North N

  • Availability Date: Flexible

  • Assessment Year: 2024

Inside

  • Air Conditioning: N

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

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

  • Taxes: $5,143

  • Expenses: Act

  • Insurance Fee: 9873

  • Hydro Expense: 4431

  • Heat Expenses: 4305

  • Tax Year: 2023

  • 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)

Commercial Specific

  • Total Area: 2500

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

JK-8

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