86 Wilson AVE Active Save Request In-Person Tour Request Virtual Tour
London,ON N6H 1X7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $342
MLS Listing ID X9297027
Style Bungalow
Bedrooms 9
Annual Tax Amount $4,120
Tax Year 2023
Property Description
Prime Investment Opportunity in Blackfriars! Licensed triplex with excellent cash flow, pro forma available upon request. Prime rental location within walking distance to downtown, major transit routes, Western University, Fanshawe College, White Oaks and Masonville. . Situated on a massive lot (very rare in this area), this building is everything an investor should be looking for! Three nicely sized apartments: Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. There is an oversized 2 car garage that is rented as well. Two separate driveways offer ample parking (6 outdoor spaces, 2 garage spaces). Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations or additional development. Positive cash flow even with current interest rates- buy now and enjoy additional upside as rates decrease.
Location
State ON
County Middlesex
Zoning R2
Rooms
Family Room Yes
Basement Partial Basement
Kitchen 3
Interior
Interior Features Carpet Free,On Demand Water Heater,Separate Heating Controls,Separate Hydro Meter,Storage,Water Meter
Cooling Central Air
Inclusions All appliances on-site; Misc furniture items on site
Exterior
Garage Private
Garage Spaces 8.0
Pool None
Utilities Available Yes
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 8
Building
Foundation Concrete Block