64 Duchess Ave

London | South F | N6C 1N2
  • 7
  • 5
  • 0

$1,499,900

Est. Mtg $5,085 /mo
  • Days on market

    81

  • Status

    New

Listing Broker KELLER WILLIAMS LIFESTYLES
Since listed: 0 views

Home details

MLS #:

X9300237

Property type:
Multiplex
Style:
2 1/2 Storey
Taxes:
$6,546
Possession:
FLEXIBLE
Lot Front:
93.63   Feet
Lot Depth:
107.54   Feet
Basement:
Full | Part Bsmt
Driveway Pkg:
10
Heat:
Gas | Radiant

Description


64 Duchess Ave, , London, Ontario is a Multiplex property in London and in the South F community in the N6C 1N2 postal code


Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-10 $1,499,900 $1,499,900 New X9300237
2024-09 2024-10 $1,695 $1,695 Ter X9300248
2024-01 $289,900 $289,900 X7603715
2024-01 $469,900 $469,900 X7578176
2024-01 $219,900 $219,900 X7598076
2024-10 $1,499,900 $1,499,900 X9300234

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 64 Duchess Ave

Based on available 3rd party data

$5766

Approximate costs per month

Mortgage
$5085 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$545 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • Rec Centre
Listing Broker KELLER WILLIAMS LIFESTYLES
Data Source: TRREB

Payment calculator

$5631 monthly. In association with: TD Bank
%
  • Principal and Interest
    5085 /mo
  • Property Taxes
    $545 /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

Jim Millis, Realtor

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