147 Pond Mills Rd, London South, N5Z 3X3

Listing Overview

Description

Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.

11 months

On Market

Investment

Property Type

$20,484 / Year

Est. Taxes

Apartment

Style

-

Business Type

-

Franchise