139 Godfrey Dr

For Sale New 13 hours
$1,700,000
beds
baths
6,000 Sqft

139 Godfrey Dr

For Sale New 13 hours
$1,700,000
beds
baths
6,000 Sqft

Highlights

Key insights

Description

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:63267)

AVERY MELLOR of THRIVE REALTY GROUP INC.,
#X12494896
updated 13 hours ago.
Houseful checked MLS® for data 13 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Hot water radiator heat
Exterior
  • # parking spaces
    12
Location
  • Subdivision
    East d
Overview
  • Lot size (acres)
    0.0
  • Building size
    6000
  • Listing #
    X12494896
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29052150/139-godfrey-drive-london-east-east-d-east-d
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-4,533

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes