512 William Street, London East, Ontario N6B 3E6

Listed for:
$999,900
9 beds
6 baths
Listed 67 days ago
Other for rent: 512 William Street, London East, Ontario N6B 3E6

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Learn more about this property
Listing provided by:
SUTTON GROUP - SELECT REALTY
MLS® number:
X12397125
Agent:
Edward Milani
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About

Cross Streets: DUFFERIN. ** Directions: Turn left onto William Street. Nestled in the heart of London, this 6 unit apartment building combines prime downtown convenience with charming historic character. Just steps from vibrant shopping, cafe's, and public transit. This property features 3 spacious 2-bedroom suites and 3 cozy 1-bedroom suites. 5 units enjoy abundant natural light and functional layouts, making them highly desirable for young professionals, small families or students seeking easy access to everything London has to offer. The classic brick façade is complemented by a covered front porch creating an inviting streetscape and exceptional curb appeal. Inside, timeless architectural details shine throughout. Rich hardwood floors (in most units) flows under beautifully maintained wood mouldings, whole high ceilings enhance the sense of space. Some kitchens and bathrooms have been thoughtfully updated to blend modern conveniences with period style. At the rear, a private parking lot accommodates all six tenants, ensuring hassle-free vehicle access in this bustling downtown setting. Currently the main floor unit has two parking spaces. This property not only captures old world warmth but also promises a solid, turn-key rental income with the perfect opportunity for an owner occupied 2 bedroom spacious main floor unit. Allowing for 5 units to cover all the mortgage payments. Gross income over $76,000 a year. Projected market rents over $100,000. (id:27476)

Property Highlights

MLS® Number
X12397125
Type
Multi-family
Community Name
East F
Land Size
40.1 x 135.2 FT|under 1/2 acre
Parking Space Total
6

Building

Building Type
Other
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
6
Bedrooms Above Ground
9
Bedrooms Total
9
Amenities
Hospital, Park, Place of Worship, Schools, Public Transit
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Partially finished)
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location