367 Princess Av - Apartments FOR SALE


London, ON N6B 2A7
$1,260,000 CAD
519-438-4300
367 Princess Av, London, ON for Sale
$1,260,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

367 Princess Av
London, ON N6B 2A7


HIGHLIGHTS

  • Rare for downtown, the property features on-site parking at the rear, a massive "value-add" for urban tenants.
  • The property has individual entrances, providing a sense of privacy and "home" rather than an apartment feel.
  • Units are independently metered for hydro, keeping landlord overhead low.
  • Boasting a high walk score, it is ideally located for professionals working at LHSC, Western University, or the downtown core.

OVERVIEW

Located in the heart of the historic Woodfield District, 367 Princess Avenue offers a rare opportunity to own a high-performing investment property in one of London's most coveted heritage neighborhoods. This classic brick four-plex seamlessly blends the architectural charm of Old London with the steady cash flow potential of a multi-unit residential asset. All four units feature spacious 2-bedroom layouts, appealing to a broad tenant base and supporting strong, consistent rental demand. Situated on a quiet, tree-lined stretch of Princess Avenue, this property is just steps from the gates of Victoria Park, downtown offices, and the vibrant Richmond Row shopping and restaurant district. The building maintains its stately presence with traditional yellow-brick masonry and large, bright windows characteristic of the area's historic "Victorian-lite" architecture.

FOR SALE DETAILS

PRICE

$1,260,000 CAD

PRICE/SF

$315 CAD /SF

# OF UNITS

4

PRICE/UNIT

$315,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1886

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris KirwinColliersMore Info
519-438-4300

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Chris KirwinColliersMore Info
519-438-4300

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