<-- style PDP --> 368 Calgary Street, London East - Multiplex for sale for $1,100,000
  • sold

368 Calgary Street

London East, Ontario, N5W 4X5 - East H

$1,100,000$000000

  • Neighbourhood

    East H

  • Major Intersection

    Whitney St

  • Listed Since: 415 day(s)

  • Last update: 181 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    14 + 1

  • Bathrooms

    8

  • Basement

    Part Fin

  • Kitchen

    7 + 8

  • Total Parking

    10

  • Lot Size

    125.16x115 (Feet)

  • Taxes

    $4,609.00 (2024)

  • Type

    Freehold

Property Description

Property description for 368 Calgary Street, London East

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000.

Listed by BLUE FOREST REALTY INC.

  • MLS #

    X12023560

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Private, Unreserved

  • Garage

    None

  • Total Parking

    10

  • Family Room

    N

  • Den

    N

  • Exterior

    Stone

  • Fireplace

    N

  • Roof

    Other

  • Foundation

    Other

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Other

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X12023560

  • Sq. Ft

    2500-3000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Available, Private, Unreserved

  • Garage

    None

  • Total Parking

    10

  • Family Room

    N

  • Den

    N

  • Exterior

    Stone

  • Fireplace

    N

  • Roof

    Other

  • Foundation

    Other

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Other

  • A/C

    Other

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Estimated price

Date
Price
Change
2025-03-17
$1,091,512
---

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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