93 High Street, London | Image 1

93 High Street

London, South F

  • 0 bed 25 bath
$4,500,000 est.*: $15,244/mo
For Sale

Added 1 month ago

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  • Type: Multiplex

  • Style: Other

  • Lot Size: 49.67 x 291 Feet

  • Age: No Data

  • Taxes: $44,866 per year

  • Days on Site: 43 Days

  • Added: Nov 05, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X10408524

  • Listed By: Thrive realty group inc.

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Area: London

  • Community: South F

  • Availability Date: Immediate

Inside

  • Bathrooms: 25

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 25

Building

  • Basement: None

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 25

  • Total Parking Spaces: 25

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 8 S GRAND AVENUE , PL 1(4TH) , AS IN 779065 ; LONDON

  • Taxes: $44,866

Land

  • Cross Street: Off Grand Ave.

  • Municipality District: London

  • Fronting On: West

  • Parcel Number: 083660080

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 291 Feet

  • Lot Frontage: 49.67 Feet

  • Lot Irregularities: 148.09x93.24x291.53x4

  • Zoning: R9-4

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Very Walkable

  • Most errands can be accomplished on foot.
78 /100

Good Transit

  • Some errands can be accomplished by public transportation.
55 /100

Very Bikeable

  • Most errands can be accomplished on bike.
85 /100
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Map of 93 High Street, London
JK-8

Holy Rosary Separate School

Elementary: Catholic
0.92 km
JK-8

Wortley Road Public School

Elementary: Public
1.00 km
JK-8

St Martin

Elementary: Catholic
1.15 km
JK-8

Tecumseh Public School

Elementary: Public
0.23 km
JK-8

St. John French Immersion School

Elementary: Catholic
0.97 km
JK-8

Mountsfield Public School

Elementary: Public
1.31 km
9-12

G A Wheable Secondary School

Secondary: Public
1.62 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
1.78 km
9-12

London South Collegiate Institute

Secondary: Public
0.33 km
9-12

London Central Secondary School

Secondary: Public
2.03 km
9-12

Catholic Central High School

Secondary: Catholic
1.83 km
9-12

H B Beal Secondary School

Secondary: Public
1.88 km

  • Tecumseh School Playground

    London ON 0.3km

  • Grand Wood Park

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  • Maitland Park

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