For Sale

$950,000

250 GREENWOOD AVENUE , London South (South D), Ontario N6J3G4

Remarks

Rare opportunity to own a purpose-built fourplex in one of London's most desirable pockets - this well-maintained investment property features four spacious two-bedroom units, each with their own full basement, offering tenants the kind of space and privacy they desire. Three units currently occupied by quality, long-term tenants providing immediate, stable income, with one vacant unit ready for you to set at market rent from day one. Inside, you'll find hardwood floors, eat-in kitchens, and bright generous layouts throughout, with two units boasting additional finished space in the lower level. Each unit has its own gas and hydro meter, keeping operating costs clean and simple. Four parking spaces, some newer windows, updated furnaces, and a 2015 roof round out the mechanical picture. Step into the backyard and you'll understand what make this location special - a private, serene setting overlooking The Cove, the kind of outdoor amenity that attracts and retains great tenants year after year. With a neighbourhood well-served by public transit and green space, and one vacant unit ready to set at market rent from day one, this is a turnkey asset with genuine upside potential. (id:7525)

Property Summary

  • Neighbourhood: South D
  • Lot Frontage: 54.8 Feet
  • Lot Size: 54.82 FT ; 249.85 x 54.82 x 205.04 x 4.28 x 66.82
  • No. of Parking Spaces: 4
  • Floor Space (approx): 2636 Square Feet
  • Zoning: R3-2

Property Features:

  • Equipment Type:
    Water Heater
  • Features:
    Irregular lot size
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    Water Heater
  • Sewer:
    Sanitary sewer

Building Features:

  • Building Type:
    Multi-Family
  • Cooling Type:
    Partially air conditioned
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Elise Bork  ,  Fred Bork - Broker

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