FOR SALE
228 BURNSIDE Drive
9 BedroomsCommercial Property Type
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MLS® X12823036
228 BURNSIDE Drive, London East, ON N5V 1B9
London East N5V 1B9
$1,199,900
9
Beds
Beds
N/A
Baths
Baths
3,944
Sq Ft
Sq Ft
Commercial
Property Type
Property Type
- Property photo for MLS X12823036
- Property photo for MLS X12823036
- Property photo for MLS X12823036
- Property photo for MLS X12823036
About This Home
A great “Turn Key” investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A “Must See” worthwhile investment.
Property Details
MLS® Number
X12823036
X12823036
Property Type
Commercial
Commercial
Bedrooms
9
9
Bathrooms
N/A
N/A
Living Area
3,944
3,944
List Price
$1,199,900
$1,199,900
LISTING BROKERAGESUTTON - JIE DAN REALTY BROKERAGE
MLS®X12823036
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