property-description
354 Cheapside St is a prime investment opportunity in Old North, London. Just a short walk or bus ride to Western University and King's University College, and a 15-minute walk to downtown, this property is ideal for investors. This legal 7-bedroom house spans two levels with 4 full bathrooms, 2 kitchens, and 2 living rooms, offering functionality and space for Western students. The basement level has a separate entrance for added privacy. Professionally managed, all rooms are fully leased, providing a stable income. The property holds a City of London rental license and generates $61,680 in gross annual income. The raised brick bungalow has an updated metal roof, laminate and ceramic flooring, radiant in-floor heating throughout, and central air conditioning. Out front, the driveway and carport can accommodating up to 5 cars. This property presents an excellent opportunity to capitalize on London's rental market. Don't miss out on this turnkey investment – schedule your private viewing today. (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $4,296Last Updated
: Fri, May 17, 2024Mls Num
: 40584163Listing Date
: May 7, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.100Sq Ft Raw
: detailsSection.sqftSub Division
: East B
detailsSection.headers.interiorFeatures
Heating
: In Floor HeatingFireplace
: detailsSection.yesBasement
: Finished, Full
detailsSection.headers.exteriorFeatures
Acreage
: 0
detailsSection.headers.utilities
Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: CarportExterior Features
: Brick, Vinyl siding
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