764 King Street, London | Image 1

764 King Street

London, East L

  • 3 bed 2 bath 1500 sqft
$499,900 est.*: $1,693/mo
For Sale

Added 3 weeks ago

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  • Type: Detached

  • Style: 2-Storey

  • Size: 1500 sqft

  • Lot Size: 33 x 164 Feet

  • Age: 51-99 years

  • Taxes: $2,002 per year

  • Days on Site: 3 Days

  • Added: Apr 05, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8214708

  • Listed By: Initia real estate (ontario) ltd

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Size (sq ft): 1500

  • Age: 51-99

  • Area: London

  • Community: East L

  • Availability Date: Immediate

  • Assessment Amount: $137,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 3

  • Bathrooms: 2

  • Kitchens: 1

  • Rooms: 8

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: Yes

  • Laundry Level: Lower

  • Washrooms: 2

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Full

  • Basement 2: Part Fin

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Other

  • Other Structures: Garden Shed

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 21 & 22 N/S KING ST PLAN 229(3RD) AS IN LC174157 LONDON

  • Taxes: $2,002

Highlights

  • Feature: Fenced Yard

  • Feature: Public Transit

Land

  • Cross Street: Glebe

  • Municipality District: London

  • Fronting On: North

  • Parcel Number: 083110100

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 164 Feet

  • Lot Frontage: 33 Feet

  • Zoning: R8-4

Rooms

Room details for 764 King Street, London

Type Dimensions
Living Main 3.70 x 3.70
Dining Main 3.10 x 4.10
Kitchen Main 2.80 x 3.50
Rec Lower 3.20 x 5.40
Utility Lower 2.00 x 5.00
Prim Bdrm 2nd 2.70 x 4.30
2nd Br 2nd 3.00 x 3.80
3rd Br 2nd 2.40 x 3.20
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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.
54 /100

Very Bikeable

  • Most errands can be accomplished on bike.
74 /100
JK-8

Aberdeen Public School

Elementary: Public
0.94 km
5-8

St Mary School

Elementary: Catholic
0.26 km
JK-8

East Carling Public School

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4-8

Lester B Pearson School for the Arts

Elementary: Public
1.38 km
JK-8

St. John French Immersion School

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1.37 km
K-8

Lord Roberts Public School

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London Central Secondary School

Secondary: Public
1.56 km
9-12

Catholic Central High School

Secondary: Catholic
1.15 km
9-12

H B Beal Secondary School

Secondary: Public
0.77 km
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