389 Dufferin Avenue, London East, Ontario N6B 1Z5

Listed for:
$999,900
6 beds
4 baths
Listed 22 days ago
Fourplex for rent: 389 Dufferin Avenue, London East, Ontario N6B 1Z5

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Learn more about this property
Listing provided by:
A TEAM LONDON
MLS® number:
X12638762
Agent:
Nick Jaremko
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About

Cross Streets: Colborne St and Dufferin Ave. ** Directions: West onto Dufferin Ave from Colborne St. Welcome to 389 Dufferin Avenue, a fully renovated four unit residential building located in the heart of Woodfield and only minutes from downtown London. The property features six bedrooms and four bathrooms across four well maintained units. One unit is currently vacant and ready for a new tenant at full market rent, or an owner occupied unit. Additional features include a rear storage room and separately metered electrical for all units. The property is zoned R3 1 and OC4, offering versatility and long term flexibility. The building offers strong financial performance with a projected annual income of $70,200 and a net operating income of $53,879. One unit remains below market rent, creating an opportunity to further improve revenue. A well located, turnkey asset in one of London's most desirable neighbourhoods. (id:27476)

Property Highlights

MLS® Number
X12638762
Type
Multi-family
Community Name
East F
Land Size
33 x 100 FT
Parking Space Total
3

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location