77 Sterling Street, London East, Ontario N5Y 1Y6

Listed for:
$1,295,000
6 beds
3 baths
Listed 12 days ago
Triplex for rent: 77 Sterling Street, London East, Ontario N5Y 1Y6

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About

Cross Streets: OXFORD STREET. ** Directions: Oxford st east turn right on sterling. Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $79,200.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 3,197 sq ft in total lower level 1090 sq ft main level 1011 sq ft and Upper level 1096 sq ft it is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions) (id:27476)

Property Highlights

MLS® Number
X12753882
Type
Multi-family
Community Name
East G
Land Size
37.1 x 177 FT
Parking Space Total
5

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
6
Amenities
Separate Heating Controls, Separate Electricity Meters Park, Place of Worship, Public Transit, Schools
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A, N/A, Full, N/A (Finished)
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Laundry room
Lower level
1.76 m x 0.91 m
Kitchen
Lower level
3.63 m x 3.04 m
Living room
Lower level
6.4 m x 3.62 m
Primary Bedroom
Lower level
4.41 m x 3.04 m
Bedroom 2
Lower level
3.69 m x 3.04 m
Kitchen
Main level
3.9 m x 3.05 m
Living room
Main level
5.36 m x 3.71 m
Dining room
Main level
3.84 m x 3.01 m
Laundry room
Main level
2.26 m x 2.74 m
Primary Bedroom
Main level
3.65 m x 3.35 m
Bedroom 2
Main level
3.66 m x 3.35 m
Kitchen
Upper Level
3.9 m x 3.04 m
Dining room
Upper Level
3.9 m x 3.71 m
Living room
Upper Level
5.42 m x 2.98 m
Primary Bedroom
Upper Level
3.65 m x 3.07 m
Bedroom 2
Upper Level
3.65 m x 3.07 m
Laundry room
Upper Level
2.74 m x 2.25 m

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE TRILAND REALTY
MLS® number:
X12753882
Agent:
Danny Gole
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