$875,000
Available - For Sale
Listing ID: X14129506
581 William Street South , London East, N6B 3E8, Middlesex
| Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced |
| Price | $875,000 |
| Taxes: | $14445.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 581 William Street South , London East, N6B 3E8, Middlesex |
| Postal Code: | N6B 3E8 |
| Province/State: | Middlesex |
| Legal Description: | PtLT61Plan12(E),PTS1&233R4234:S/T867925L |
| Directions/Cross Streets: | Central and William |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 3200.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 51-99 |
| Water Expense: | $2271 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| NU-VISTA PINNACLE REALTY BROKERAGE INC |
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Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
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At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East B |
| Approximate Age: | 51-99 |
| Tax: | $14,445 |
| Fireplace: | N |
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