625-627 Third St S

London | | N5V 2C1
  • 24600.0 sqft
  • 0 gar

$3,750,000

Est. Mtg $12,715 /mo
  • Days on market

    12

  • Status

    A

Listing Broker MYSAK REALTY INC.
Since listed: 1 views

Home details

MLS #:

X8481578

Property type:
Investment
Style:
Taxes:
$21,728
Possession:
TBA
Condo Fee:
Lot Size:
60.0 X 150.0
Zoning:
R3-2, R8-4
Use:
Apts-6 To 12 Units
Heat:
Gas Forced Air Open

Description


625-627 Third St S, , London, Ontario is a Investment property in London and in the community in the N5V 2C1 postal code


8 unit 56 Bed student rental steps to Fanshawe College. Built in 1996. $69,642/Bed. Buildings in excellent condition. Gross Income $415,584. Aprox. 8.0% cap rate. Hydro paid by owner. Clean environmental 2014. With the infux of students coming to Ontario the properties rent roll will continue to grow. Current owners sign 1 year lease with each student. Coin operated Laundry in each suite..

Extras

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Payment calculator

$14526 monthly. In association with: TD Bank
%
  • Principal and Interest
    12715 /mo
  • Property Taxes
    $1810 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Rena Alessa, Realtor

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