Overview

Property ID: 40500803
  • Multi-3 Unit
  • Property Type
  • 5
  • Bedrooms
  • 0
  • Bathroom
  • 4
  • Garages
  • 1890
  • Sq Ft
  • 1960
  • Year Built

Description

Discover the perfect investment opportunity in London with this legally registered triplex! This unique property is not just a regular triplex, but a source of multiple income streams. In addition to the three distinct living spaces, it comes with a large standalone garage, a rentable shed, and three storage units. For added convenience and earning, there’s also a coin-operated laundry in the basement. This triplex has the potential to earn $60K+ a year when fully rented out. With its thoughtful design and income-generating amenities, this property offers a combination of comfort for residents and a rewarding investment for the owner. Don’t miss the chance to own a versatile property in the East Side of the city!

  • Address Burnside
  • City London
  • State/county Middlesex
  • Zip/Postal Code N5V 1B9

Details

Updated on January 25, 2024 at 5:50 pm
  • Property ID: 40500803
  • Price: $799,900
  • Property Size: 1890 Sq Ft
  • Bedrooms: 5
  • Bathroom: 0
  • Garages: 4
  • Year Built: 1960
  • Property Type: Multi-3 Unit
  • Property Status: Residential Income

Additional details

  • LaundryFeatures: Coin Operated
  • PhotosCount: 10
  • ITSO_LicensedDwellingYN: 1
  • Cooling: Central Air
  • SecurityFeatures: Smoke Detector
  • ITSO_NumberOfBachelorUnits: 0
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 1890
  • ITSO_SurveyType: None
  • ListingKeyNumeric: 144524293
  • MajorChangeType: New Listing
  • MLSAreaMajor: East
  • TaxAnnualAmount: 3769.81
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Waterloo Region
  • MlsStatus: Active
  • StreetNumber: 220 - 222
  • ListingKey: 0d02235e0ab6407723271d2b7252d175
  • ITSO_NumberOfEfficiencyUnits: 0
  • ITSO_StreetViewParam: 1$42.99354531$-81.16378444$46.04$13.33$1.00$Ucj-dx5VsBPfSvA03RBkeA
  • Directions: Trafalgar Street to Ascot Street to Burnside Drive
  • Roof: Asphalt Shing
  • ParkingTotal: 9
  • ITSO_NumberOfOtherUnits: 0
  • InternetAddressDisplayYN: 1
  • WaterSource: Municipal
  • StoriesTotal: 2
  • ParkingFeatures: Detached Garage
  • Heating: Forced Air,Natural Gas
  • ITSO_UtilitiesExpense: 5137.42
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • ITSO_OfferInstructions: Please attach Form 161 and Schedule B to all offers (in Supplements).
  • ITSO_NumberOfPenthouseUnits: 0
  • ConstructionMaterials: Vinyl Siding
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 1890
  • CoListAgentDesignation: Salesperson
  • InsuranceExpense: 1635.12
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2023-10-23T23:55:22.157Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2023-10-23
  • MLSAreaMinor: East I
  • FarmLandAreaUnits: Square Feet
  • Zoning: R2-2
  • ITSO_StatusContractualSearchDate: 2023-10-23
  • Basement: Full,Finished
  • ITSO_HSTApplicableToSalePrice: No
  • PhotosChangeTimestamp: 2023-10-23T23:57:09.639Z
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • CoveredSpaces: 4
  • FrontageLength: 60.15
  • BridgeModificationTimestamp: 2023-11-01T21:48:22.832Z
  • PropertyCondition: 51-99 Years
  • ParcelNumber: 081300272
  • ITSO_LotDepth: 154
  • FoundationDetails: Poured Concrete
  • ITSO_CurrentPrice: 799900
  • ITSO_OtherIncome: 6840
  • ITSO_DrivewayParking: Private Drive Triple+ Wide
  • StreetSuffix: Drive
  • LotSizeDimensions: 154 x 60.15
  • ModificationTimestamp: 2023-11-01T21:47:58.057Z
  • ITSO_LaundryIncome: 1147
  • ITSO_CommonInterest: Freehold/None
  • UnitNumber: 220
  • Inclusions: Smoke Detector
  • BelowGradeFinishedAreaUnits: Square Feet
  • Sewer: Sewer (Municipal)
  • ITSO_NetIncome: 47559.99
  • ITSO_HoldoverDays: 60
  • NumberOfBuildings: 1
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 423.22751
  • LotFeatures: Highway Access,Park,Public Transit,Shopping Nearby
  • NumberOfUnitsTotal: 3
  • ITSO_Expenses: Actual
  • OpenParkingSpaces: 5
  • FeedTypes: IDX

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