Exceptional Fully Tenanted Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income-generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq. ft. of living space with abundant natural light, large windows, and high ceilings throughout. Property Highlights:1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Residential Units: Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms. A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, HVAC systems for both heating and cooling, New windows and plumbing, fully updated kitchens and washrooms. This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Total Approx Floor Area:
2500-3000
Lot Depth:
128'4"39.1 m
Lot Frontage:
27'2"8.29 m
Direction Faces:
East
Bedrooms:
7
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
7
Kitchens Above Grade:
3
Rooms Above Grade:
9
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Shingles
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
90
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$1,500 /
2025
Assessment:
$- /
-
Middlesex
London East
East A
Other
2021 Shingles & ET, 2- 2021 new furnaces new HVAC , new windows, plumbing, 2 air conditioners for residential, 1- 2021 high efficiency mini-split in commercial New separate main electrical panels with 3 subpanels breakers. All the existing Appliances in the apartments . 4- owned hot water tanks.
Data was last updated February 12, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$494,900
Min list price:
$319,900
Max list price:
$999,000
Avg days on market:
36
Min days on market:
6
Max days on market:
121
These statistics are generated based on the current listing's property type
and located in
London East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.