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Triplex | For sale

49 PADDINGTON Avenue, London, Ontario N6J2S5

1 / 38

49 PADDINGTON Avenue, London, Ontario N6J2S5
2 days

$777,777

$2299/ month

Mortgage Payment

6 Beds

3 Baths

Date
08 Aug
Time
Anytime
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Description

Nestled in desirable West Manor Park sits this fully renovated Three Unit building, rented for nearly $5,000 /month (almost $60,000 /year) to great tenants with experienced turnkey property management

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6 Beds

3 Baths

7 Parking

49 PADDINGTON Avenue, London, Ontario N6J2S5 image #0
Available
2 days

49 PADDINGTON Avenue, London, Ontario N6J2S5

$777,777

$2,299 / month

est. Mortgage Payment

Date
08 Aug
Time
Anytime
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In person
In Person
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Online
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Your Payment

$2,299/ monthly

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Guglu Homes

Sales Representative



Nestled in desirable West Manor Park sits this fully renovated Three Unit building, rented for nearly $5,000 /month (almost $60,000 /year) to great tenants with experienced turnkey property management that wishes to stay on at 5% management fee (6% if including snow removal and yard maintenance). All three units are very spacious (a 3 bedroom, 2 bedroom and 1 bedroom unit) and are tastefully appointed fully-above grade (no basement apartments)! This property includes four hydro meters, one for each unit plus one for common elements. Full basement for laundry & storage. The Manor Park neighborhood is a beautiful hidden gem in London with walking trails, friendly neighbors and everything within walking distance! Ample parking, on-site laundry, a private outdoor space (a mini oasis with a hot tub included with the sale of the property), and updated elements inside and out. Located just West of Wortley Village and surrounded by lovely nature spaces 49 Paddington Avenue delivers on many levels. All important elements are newly renovated - New roof completed in 2022 along with new windows, vinyl siding, eavestroughs, luxury vinyl plank flooring, driveway, paint, heating, bathrooms & kitchens, plumbing lines & drains, electric, new main water meter & line, fence, deck, and driveway among others with too much to list! With the option to have the all three units rented at market rent or the option to have the two bedroom unit and/or the three bedroom unit vacant at close. This turnkey grandfathered in Triplex offers a superb place to call home and offset your expenses as an owner/occupy opportunity. Equally enticing is the prospect of securing this homestead as a high performing income property; ideal to compliment existing portfolios or as a great ease of entry as a first investment. Offers Anytime! Contact Listing Agent Nathan Blanco at 226.224.1390 or [email protected] any time. He will be available to facilitate showings/answer any questions. (id:44040)

49 PADDINGTON Avenue, London, Ontario | Guglu Homes

This Residential property located at 49 PADDINGTON Avenue, London, Ontario comes with 6 bedrooms, 3 bathrooms, and parking with a total of 7 parking spots. This Triplex located in the neighbourhood of London city has a Freehold ownership status and is currently on sale for $777,777 canadian dollars. This property MLS#: 40305927 has been live on our site for 3 days

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Mortgage Agent
Harminder Grewal

Harminder has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
Lawyer
Andrew Wilson

Andrew has more than 10 years of experience.

Language:

English

Response Time:

Within an hour
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The listing data is deemed reliable but is not guaranteed accurate by TRREB or Guglu Homes Inc.
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The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association or Guglu.
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