TerminatedDuplex

425 RIDOUT Street

Name: 425 Ridout Street - Terminated Jul 2022
Brand: THE REALTY FIRM INC., BROKERAGE
Price: 1100000 CAD
Availability: OutOfStock

London South - South G

425 Ridout Street

London South - South G

Listed For $1,100,000

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Terminated Jul 2022

5 Bedrooms Bedrooms

2 Bathrooms Bathrooms

1 Garage Garage

Description

Attention Investors Turn Key Investment Property Now Available In Desired Wortley Village! This Single Family Home With An Additional Dwelling Unit Was Recently Renovated To Be In Compliance By The City Of London As A Two Unit Rental (3 Bed/1 Bath & 2 Bed/1Bath, Both With Personal Laundry). A Fully Approved Rental License Was Received From The City In April 2022. New Leases Are In Place At Market Rent For $3725 Monthly ($2100/Upper & $1625/Lower.

Key facts for 425 RIDOUT Street

Tax$4,067.8 / 2022

Property TypeDuplex, Sidesplit 5

Lot Size130.32 x 61.27 Feet

Size2000-2500 ft²

ParkingDetached 1 Spaces, Total 7 Spaces

Parking FeaturesPrivate Double

BasementApartment, Separate Entrance

Listing #X5698418

Days on Market--

Listing BrokerageTHE REALTY FIRM INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$5,371/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$2.3% net yield

Net Monthly Cash Flow-$3,009

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(866) 511-7171

info@realtris.ca

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