4 Beds 3 Bath

77 Sterling Street, London East, ON N5Y 1Y6

London East N5Y 1Y6 Ontario

MLS: X12753882

$1,295,000

Added 17 days ago | For Sale

Listed by: ROYAL LEPAGE TRILAND REALTY

About Property

Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $79,200.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 3,197 sq ft in total lower level 1090 sq ft main level 1011 sq ft and Upper level 1096 sq ft it is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 37.09 X 177.02
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:OXFORD STREET
  • Basement:Apartment,Separate Entrance,Full,Finished , Apartment,Separate Entrance,Full,Finished
  • Possession Date:180 DAYS
  • Annual Property taxes:
  • Bedrooms:4 +2
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12753882

Level Type Features Dimensions
Main Kitchen 12 ft, 10 in x 10 ft
Living Room 17 ft, 7 in x 12 ft, 2 in
Dining Room 12 ft, 7 in x 9 ft, 11 in
Laundry 7 ft, 5 in x 9 ft
Primary Bedroom 12 ft x 11 ft
Bedroom 2 12 ft x 11 ft
Upper Kitchen 12 ft, 10 in x 10 ft
Dining Room 12 ft, 10 in x 12 ft, 2 in
Living Room 17 ft, 9 in x 9 ft, 9 in
Primary Bedroom 12 ft x 10 ft, 1 in
Bedroom 2 12 ft x 10 ft, 1 in
Laundry 9 ft x 7 ft, 5 in
Lower Kitchen 11 ft, 11 in x 10 ft
Living Room 21 ft x 11 ft, 11 in
Primary Bedroom 14 ft, 6 in x 10 ft
Bedroom 2 12 ft, 1 in x 10 ft
Laundry 5 ft, 9 in x 3 ft

No property rooms available.

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