140 Rectory Street For Sale

London, N5Z 2A3

$499,900

Description

Listed by THRIVE REALTY GROUP INC..

Amazing triplex in the heart of London, close to Downtown & tons of amenities. This great investment opportunity offers ample parking, fenced backyard, separate hydro meters, separate entrances to each of the units and parking on both sides of the property. Unit 1 is a 1 bedroom + den and pays $745.94 monthly and is currently month to month. Unit 2 is a one bedroom + den that pays $783.00 monthly and is month to month. Unit 3 is a two bedroom that pays $1750.00 monthly and is currently leased until January 2025. None of the units are in the basement! Zoning permits an ADU, providing even greater potential and revenue opportunities. This property is a great addition to your existing portfolio or for someone looking to purchase their first investment property. Don't wait; check out this amazing opportunity today!

Location

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  • Address: 140 Rectory Street
  • Neighborhood:
  • City: London
  • State: Ontario
  • Postal Code: N5Z 2A3

Property Details

  • Property ID: X8238580
  • Property Price: $499,900
  • Style: Triplex, 2-Storey
  • Rooms: 12
  • Bedrooms: 4
  • Bath: 3
  • Garage: Other
  • Parking Spaces: 5
  • Basement: Part Bsmt, Unfinished
  • Den: N
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $1,957.96 (2023)
  • Lot: 120.00x40.00 (Feet)

Property History

This property has been sold 9 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992

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