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564 York Street,

London, ON N6B 1R7
  • $1,315,000

  • 0

  • 0

  • 0


About the Listing LSC21FIRST - LSCHEHA

True turn key operation for sale in a booming area of town. All the work is done! This purpose built Legal 12 plex consists of 11 spacious two bedroom units and a newly reconstructed one bedroom unit. All units separately metered, tenants pay their own hydro except 1 bedroom which is all inclusive. Brand new front facing windows in upper two units and windows in all units replaced within the last 5 years. Water Tank/Boiler/Laundry & Security System (17 cameras linked to mobile phone app) are owned outright! New washers & dryers to be included. Controlled entry with separate private security/utility room. All 11-2 bedroom units have been updated in the last 4 years with newer flooring, bathrooms and kitchens. All units have been well kept and well maintained; with two units freshly repainted. Total Annual Income $125,794.20 Total Annual Expense - $36,971.92 Net Income: $88,822.28 Amazing Cap rate of 6.76%

Listing Highlights for 564 York Street,

Status Active
Days on Site 11
Property Type Multi-Family
MLS # 119225
Year Built 1966
Square Footage 0
Lot/Acreage 0
County London
Neighborhood East K

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Other (See Remarks)
  • Heating: Hot Water-Gas
  • Fireplaces:
  • Floor:
  • Basement: Full; Fully Finished
  • Other: Security System,Airport,Public Transit
  • Water: Municipal

Exterior Details

  • Lot Description: Residential; Flat; 9-12 Units; Under .5 Acre
  • Garage Capacity: N/A
  • Roof: Flat
  • Others: Brick,Concrete Block,Controlled Entry,Fenced Full
  • Sewer: Municipal Sewers
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $20,848
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2018

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
  • $0 in Homeowners' Insurance
  • $0.00 in Mortgage Insurance
% Down Payment
% Mortgage Rate

Listing Location

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564 York Street, London, ON N6B 1R7

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Listing Courtesy of AMIN CHEHADI, Century 21 First Canadian Corp