London East - East A
London East - East A
Sold For$1,065,000
Listed For $999,000
Sold 9 months ago
Newly constructed three-unit home! This purpose-built three unit home, features three spacious 2-bedroom units with a projected gross annual income of $76,800+, yielding a 6.8% cap rate (NOI - $67,800). Situated on a quiet street just 5 minute drive from Fanshawe College and Kings College/University. it is also surrounded by amenities. This location offers strong rental demand and minimal vacancy risk, a perfect fit for your investment portfolio. With all three units vacant, you have the rare opportunity to hand-pick tenants and set market rents from day one. No detail was overlooked in this build: the striking exterior is finished with James Hardie board siding, black-framed windows, and a covered front porch for timeless curb appeal. Inside, each unit features luxury vinyl plank flooring
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* Values are estimates only and not a guarantee of lending or affordability.