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764 King Street London, Ontario N5W 2X4

3 Bedroom 2 Bathroom 2400
None Forced Air

$499,900

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:53488)

Property Details

MLS® Number 40567732
Property Type Single Family
Amenities Near By Airport
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Shed, Porch

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2400
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Airport
Sewer Municipal Sewage System
Size Depth 164 Ft
Size Frontage 33 Ft
Size Total Text Under 1/2 Acre
Zoning Description R8-4

Rooms

Level Type Dimensions
Second Level 4pc Bathroom Measurements not available
Second Level Bedroom 10'7'' x 8'0''
Second Level Bedroom 12'4'' x 9'8''
Second Level Primary Bedroom 14'2'' x 9'0''
Basement Storage 8'4'' x 6'5''
Basement Recreation Room 17'8'' x 10'6''
Basement 3pc Bathroom Measurements not available
Main Level Kitchen 11'4'' x 9'4''
Main Level Dining Room 13'5'' x 10'3''
Main Level Living Room 12'0'' x 12'0''

https://www.realtor.ca/real-estate/26722628/764-king-street-london

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Perry Caskanette
Salesperson

(416) 402-3809

Initia Real Estate (Ontario) Ltd
104b - 205 Oxford Street East
London, Ontario N6A 5G6

(416) 402-3809
www.initiaontario.com/

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