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334 Queens Avenue in London: East F Rooming House for sale (East) : MLS®# 40375453
334 Queens Avenue London N6B 1X4 
$899,000Residential Income- Status:
- Active
- MLS® Num:
- 40375453
- Bedrooms:
- 10
- Bathrooms:
- 3
- Floor Area:
- 3,000 sq. ft.
Located at the corner of Queens and Waterloo Street, this 2 story red brick residence has been licensed since 1997 as an informal care residential facility. It consists of 10 bedrooms offering single and double occupancy. Currently, there are 16 residents. Full kitchen and 3 bathrooms. Gross annual income of $182,400.00 with a net operating income of $76,812.00. Other expense in Financials above include annual food costs of $13,325.00 and a boulevard parking agreement with the City of $5,500.00 annually. Summary of income and expenses available upon request. Seller to offer one week of training after the sale closes. On site parking for 5 vehicles. This is a well-established business opportunity for a savvy entrepreneur. More detailsListed by Mel F. Vetero of RE/MAX CENTRE CITY REALTY INC., BROKERAGE- CHRIS KNOTEK
- RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
- 1 (519) 8092053
- chris@knotekgroup.com
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70 Centre Street in London: South E Duplex Up/Down for sale (South) : MLS®# 40381785
70 Centre Street London N6J 1T5
$639,900Residential Income- Status:
- Active
- MLS® Num:
- 40381785
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,742 sq. ft.
Outstanding opportunity here on this renovated 3 unit (duplex with additional lower level unit) grossing approximately $50,000 and netting approximately $40,000 annually in an excellent south London location with a beautiful lot backing onto Euston Park. Upper 1 bedroom currently vacant was last rented at $1300 monthly, main floor 2 bedroom rented at $1600 month to month and basement unit rented at $1200 month. All rents are all inclusive-owner pays all utilities. Very good units here with newer baths, newer white kitchens with quartz counters and excellent layout/floor plans. Basement common area has washer/dryer for tenants. Owner has indicated solar panels are owned but currently disconnected and that reconnection with London Hydro with potential to recapture & reduce electricity costs (approx. $2,000 to reconnect). More detailsListed by Blake Palmer of RE/MAX CENTRE CITY REALTY INC., BROKERAGE- CHRIS KNOTEK
- RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
- 1 (519) 8092053
- chris@knotekgroup.com
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104 Flora Street in St. Thomas: NW Duplex Up/Down for sale : MLS®# 40380652
104 Flora Street St. Thomas N5P 2X6
$499,900Residential Income- Status:
- Active
- MLS® Num:
- 40380652
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,319 sq. ft.
Investor alert or Buyer's looking to pay off the mortgage fast. Difficult to find a 3+2 Bedroom up and down Duplex on a large fenced lot with a private drive for 4 cars. Main floor rents at $1,150/month+hydro and features 3 Bedrooms, updated Kitchen, Livingroom, main floor Laundry hookups and 4 pc Bath, access to rear partially covered Sundeck and fenced rear yard. Newer vinyl flooring running thoughout the unit expect for kitchen and bath which is all ceramic tile. Unit 1 is currently rented at 1230 with tenant paying his hydro. Unit 2 is currently being rented at 820 plus hydro. This home has gone through major work throughout the years which includes all the insulation in the walls and attic being done, all vinyl casement windows in 2009 and new roof shingles done in 2022. Separate entrances and separate hydro meters. More detailsListed by Jeff Edward Placzek of RE/MAX CENTRE CITY REALTY INC., BROKERAGE- CHRIS KNOTEK
- RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
- 1 (519) 8092053
- chris@knotekgroup.com
Data was last updated March 27, 2023 at 03:50 AM (UTC)
Chris Knotek
RE/MAX Centre City Realty Inc.
Location
675 ADELAIDE STREET N.
London, ON N5Y 2L4