288 South St - Residential LAND FOR SALE


London, ON N6B 1B7 18,731 SF
$3,300,000 CAD
519-673-6444

NO PHOTO

$3,300,000 CAD
Residential LAND - FOR SALE
18,731 SF

288 South St
London, ON N6B 1B7


HIGHLIGHTS

  • The offering includes eight condo-titled townhouse units for sale across two two-storey buildings, presenting a fully leased, cash-flowing investment
  • The site is located in a fringe core location at South Street and Wellington Street, just north of the Thames River.
  • The property benefits from proximity to Downtown London’s restaurants, shopping, and services, with nearby parks and Thames River pathways.

OVERVIEW

8 Condo-Titled Townhouse Units available for Sale in 2 two storey buildings. Fully leased, cash flowing opportunity. 7three-bedroom units and 1 two-bedroom unit, with the front building containing three units and the rear building containing five units. The main floor features a living room, kitchen and a 2-piece washroom. The second floor includes the bedrooms and a 3-piece washroom. The basement is partially finished with a finished open space and a utility room. Units have been upgraded as tenants have turned over. Upgraded units are modern with neutral colours, and feature laminate flooring, and modern fixtures. The units include sliding patio doors from the kitchen space to outdoor greenspace. 15 parking spaces are located at the Property. Each unit includes a washer, dryer, fridge, oven, and dishwasher that are all owned by the Landlord. Water Heaters are rented through Reliance with the tenants being responsible for the rental cost. The units feature central air conditioning, natural gas furnaces, and 100 amp electrical service. Garbage removal is handled by the City of London. The properties have been well maintained and the roof was replaced in 2009.The Property is located in fringe core location at South Street and Wellington Street, just north of the Thames River. 288 South Street offers access to required residential amenities, including Downtown London's restaurants, shopping, and services. Recreational opportunities are available at nearby parks and along Thames

FOR SALE DETAILS

PRICE

$3,300,000 CAD

PRICE/ACRE

$7,674,419/AC

PRICE/SF

$176 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.43 AC

LAND SF

18,731 SF

OFFSITE IMPROVEMENTS

-

ZONING

R5-6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin MacDougallCBRE, LimitedMore Info
519-673-6444

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Kevin MacDougallCBRE, LimitedMore Info
519-673-6444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.