1-16 - 305 Briarhill Ave, London East, N5Y 4V7

Listing Overview

Description

16 Condo-Titled Townhouse units available for Sale in 3 two storey buildings. Each unit is comprised of three bedrooms and includes a 2-piece washroom on the main floor and a 3-piece washroom on the second floor. The basements are partially finished with a living room and stoage/mechanical area. The units have long term tenants and are fully leased. 6 of the units include a carport, with the remaining 10 units having reserved tenant parking. Visitor parking is available on the property. Two buildings include 5 units each, with the third building having 6 units. Building size of 28,080 sq. ft. includes unfinished basement space. The buildings are situated in an existing residential complex of townhomes, built in the same style as the subject property. The property's located is at a dead-end section of the neighbourhood, providing for a quiet street for Tenants. The property is located in Northeast London in a residential area with access to required residential amenities within reasonable drive-times. Tenant mix is mostly families and older working professionals. The property provides the unique opportunity to acquire a fully leased, cash-flowing townhouse complex in the growing Southwestern Ontario market. Please note that the address per Geowarehouse shows Condo Units from Unit 1 through 16, the municipal address and within the complex, the units are known as Units 28-43.

0 days

On Market

Investment

Property Type

$33,126 / Year

Est. Taxes

Apartment

Style

Apts-13 To 20 Units

Business Type

-

Franchise