For SaleMultiplex

231 Greenwood Avenue

Name: 231 Greenwood Avenue
Brand: PRIME REAL ESTATE BROKERAGE
Price: 1799000 CAD
Availability: InStock

London South - South D

231 Greenwood Avenue

London South - South D

Listed For $1,799,000

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Added 2 months ago

14 Bedrooms Bedrooms

6 Bathrooms Bathrooms

0 Garage Garage

This property is an income-generating asset, currently configured as a 6-unit building with City-approved plans for expansion to 8 units.
All existing units have undergone comprehensive renovations, with some featuring finished basements and lower levels prepared for a second bedroom and kitchen.
The property is situated in a location that offers potential for increased income, with projected gross annual income of $163,200.00 upon conversion to 8 two-bedroom units.

This summary is AI-generated and may contain inaccuracies.

Key facts for 231 Greenwood Avenue

Tax$6,136 / 2025

Property TypeMultiplex, 1 Storey/Apt

Lot Size198 x 66 Feet

Size2500-3000 ft²

ParkingNone Spaces, Total 6 Spaces

Parking FeaturesLane, Unreserved

BasementFinished

Listing #X12971596

Days on Market--

Listing BrokeragePRIME REAL ESTATE BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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Cash Flow Analysis

Est. Mortgage Payment

$8,785/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.0% net yield

Net Monthly Cash Flow-$7,046

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(866) 511-7171

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