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64 DUCHESS AVENUE
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64 DUCHESS AVENUE $1,499,900
$1,499,900
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64 DUCHESS AVENUE
London, Ontario N6C1N2

MLS® Number: X9300237
7
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing Description

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options. (36668186)

Location Description

Duchess Ave & Edward Street

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2.5
Square Footage
3000 - 3500 sqft
Community Name
South F
Land Size
93.6 x 107.5 FT|under 1/2 acre
Annual Property Taxes
$6,546.02
Total Parking Spaces
10
Time on REALTOR.ca
78 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
5
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
Full
Building Features
Features
Flat site, Carpet Free
Foundation Type
Unknown
Fire Protection
Controlled entry, Smoke Detectors
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Structures
Porch, Shed
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Place of Worship, Park, Public Transit
Parking
Total Parking Spaces
10

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
93 ft ,7 in
Land Depth
107 ft ,6 in
Landscape Features
Landscaped
Other Property Information
Zoning Description
R2-2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
519-860-2005
519-860-2005
REALTOR® Website
Email
Book showing
KELLER WILLIAMS LIFESTYLES
Brokerage
519-438-8000

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