Property Details

69 OLIVER Street, London, Ontario, N5Z2E8

69 OLIVER Street, London, Ontario, N5Z2E8 (ID 40331732)
Representative
Kelley Schroeyers portrait
Kelley Schroeyers
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790

$1,390,000 - For sale

ID#:40331732

Prime Real Estate Brokerage is pleased to present 69 Oliver Street. This purpose-built 3-storey walkup consists of five (5) spacious 2-bedroom units and one (1) large 1-bedroom unit and represents a highly demanded investment opportunity in London's east end. Concrete and brick construction makes this asset built to last. Significant room to increase rents, especially as the rental market continues to strengthen in London. With approximately 105% upside to market rents, step into this stable, cash-generating building, and add value through renovations as units turnover. The property features separately metered hydro which delivers a low operating expense ratio and will contribute to greater cashflow as rents are increased. (id:2471)

Location DescriptionSW corner of Oliver Street and Trafalgar Street

Property Details
  • Property Address:69 OLIVER Street, London, Ontario, N5Z2E8
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.128
  • Acreage:0.128 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Highway access
  • Parking Space Total:4
Structure Details for 69 OLIVER Street, London, Ontario, N5Z2E8
  • Building Age:1958
  • Bedrooms:11
  • Bathrooms:6
  • Floor Space:5400
  • Heating Type:Hot water radiator heat
  • Style:Detached
  • Storeys:3
  • Basement Type:None
  • Foundation Type:Block
  • Cooling Type:None
  • Exterior Type:Brick, Concrete
Amenities for 69 OLIVER Street, London, Ontario, N5Z2E8 Corner Site, Park/reserve, Laundry- Coin operated, Quiet Area
  • Amenities Nearby:Hospital, Park, Public Transit, Schools, Shopping
Representative
Kelley Schroeyers portrait
Kelley Schroeyers
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
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69 OLIVER Street, London, Ontario, N5Z2E8

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