TerminatedDetached

20 The Ridgeway Street

Name: 20 The Ridgeway Street - Terminated Dec 2022
Brand: RE/MAX WEST REALTY INC., BROKERAGE
Price: 1099000 CAD
Availability: OutOfStock

London South - South F

20 The Ridgeway Street

London South - South F

$1,199,000

Listed For $1,099,000

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Terminated Dec 2022

7 + 4 Bedrooms Bedrooms

6 Bathrooms Bathrooms

1 Garage Garage

Description

Amazing Investment Opportunity At The North End Of Old South. Steps From Downtown And The Fork Of The Thames River. Backing Onto Mature Trees And Ravine. 20 The Ridgeway Is A Licensed, Fully Tenanted, 5-Unit Building. Unit One - 2 Bedroom, Unit Two - 1 Bedroom, Unit Three - 4 Bedroom, Unit Four - 3 Bedroom, Unit Five - 1 Bedroom. With Shared Coin-Operated Laundry. Total Net Income Of $58,584.94. Separate Hydro Meters. New 2020 Roof. New 2020 High-Eff Boiler.

Key facts for 20 The Ridgeway Street

Tax$7,816.03 / 2021

Property TypeDetached, 2 1/2 Storey

Lot Size188.59 x 40 Feet

ParkingDetached 1 Spaces, Total 6 Spaces

Parking FeaturesMutual

BasementApartment

Listing #X5687039

Days on Market--

Listing BrokerageRE/MAX WEST REALTY INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$5,367/mo

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Property Tax

Maint. / Fees

Est. Rental Income

$1.5% net yield

Net Monthly Cash Flow-$3,818

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