London South - South E
London South - South E
Listed For $599,900
Get Pre-approvedTerminated
Vacant posession if desired. Excellent opportunity for an owner occupied mortgage helper or rent out 2 units for great income! Perfect quiet location, a 10 minute walk to Wortley Village or the coves, bike, walking trails and parks that are steps away. 2 nicely updated units with, potential revenue of $42,000.00 per year and yearly expenses of $9,965.00 per year. Property has had the landlord license in the past and are in the process of applying for the license. 2 bedroom main floor and basement unit estimated at $1,900 per month, the fully finished basement has a 3 piece bathroom, living room with a kitchenette and 2 other rooms. Estimated $1600 per month for the upper 1 bedroom unit. A double driveway and parking for 4 cars. with a 5.3 % cap rate, this makes for a solid good qualit
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