86 Wilson Avenue, London | Image 1

86 Wilson Avenue

London, South K

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2

  • Age: No Data

  • Taxes: 4120.49

  • MLS®#: X8193428

  • Days on Site: 47 Days

  • Added: Feb 21, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: A TEAM LONDON

Prime rental location in charming Blackfriars neighbourhood. Three unit building on oversized lot and separate 2 car garage. Walking distance to downtown and close to major transit routes. Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. Walking distance to downtown, and on bus routes to Western University, Masonville Mall, Fanshawe and White Oaks. Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations and use. Positive cash flow even with current interest rates- buy now and enjoy more upside as rates decrease. Pro Forma worksheet available upon request. Don't sleep on this one!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Community: South K

  • Availability Date: IMMED

  • Assessment Amount: $282,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 3, W/S WILSON AVE. PLAN 191(W), DESIGNATED AS PART 1, 3

  • Taxes: $4,120

  • Expenses: Est

  • Insurance Fee: 3163

  • Operating Fees: 14825

  • Taxes Type: Annual

Land

  • Cross Street: Chandler

  • Municipality District: London

  • Parcel Number: 082530122

  • Sewer: Sanitary

  • Lot Depth: 145 Feet

  • Lot Frontage: 55.97 Feet

  • Lot Irregularities: West Property Line 51

  • Zoning: R2

Commercial Specific

  • Total Area: 3500

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

Map of 86 Wilson Avenue, London
JK-8

Victoria Public School

Elementary: Public
1.42 km
JK-8

St Georges Public School

Elementary: Public
1.68 km
JK-8

St Martin

Elementary: Catholic
1.89 km
JK-8

Ryerson Public School

Elementary: Public
2.20 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
0.58 km
JK-8

Eagle Heights Public School

Elementary: Public
1.23 km
9-12

École secondaire catholique École secondaire Monseigneur-Bruyère

Secondary: Catholic
3.98 km
9-12

Westminster Secondary School

Secondary: Public
3.35 km
9-12

London South Collegiate Institute

Secondary: Public
2.35 km
9-12

London Central Secondary School

Secondary: Public
1.32 km
9-12

Catholic Central High School

Secondary: Catholic
1.71 km
9-12

H B Beal Secondary School

Secondary: Public
2.10 km
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