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Home ON Greater London London East London
557 ONTARIO Street
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557 ONTARIO Street $649,000
$649,000
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557 ONTARIO Street
London, Ontario N5W3X9

MLS® Number: 40599831
4
Bedrooms
3
Bathrooms
1981
Square Feet

Listing Description

Welcome to a fantastic triplex investment opportunity in East London. This fully leased property is ideally located just a 10-minute drive from Western University and only 7 minutes from downtown, making it perfect for attracting quality tenants. Each unit is occupied by great tenants who maintain a clean and friendly living environment. Shared laundry facilities are conveniently located in the basement. The property also features a stand-alone oversized garage with high ceilings, presenting excellent potential to develop a fourth unit or lease it out as storage for additional income. (67582973)

Location Description

Elias & Central Avenue

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1981 sqft
Subdivision Name
East G
Title
Freehold
Land Size
under 1/2 acre
Built in
1920
Annual Property Taxes
$2,644.71
Parking Type
Detached Garage
Time on REALTOR.ca
170 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Foundation Type
Stone
Structures
Porch
Total Units
3
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Brick Veneer
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Shopping
Parking
Parking Type
Detached Garage
Total Parking Spaces
5

Measurements

Square Footage
1981 sqft
Above Grade Finished
1586 sqft
Source: Other
Below Grade Finished
395 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
43 ft
Land Depth
108 ft
Other Property Information
Zoning Description
R3-2
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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