Property Information:
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 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:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Raised bungalow
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Basement Development:
Finished
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick, Vinyl siding
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Fireplace:
Yes
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Foundation Type:
Concrete
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Heating Type:
Radiant heat
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Cooling Type:
Central air conditioning
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Appliances:
Dishwasher, Dryer, Refrigerator, Stove, Two stoves
