129 JOHN ST Active

London,ON N6A 1N7

$ 5595000

9 Beds

19 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X9234740

Style 3-Storey

Bedrooms 9

Annual Tax Amount $47,160

Tax Year 2024

Property Description

Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living.

Location

Province ON

County Middlesex

Zoning R3-1

Rooms

Family Room No

Basement Apartment,Separate Entrance

Kitchen 9

Interior

Interior Features Other

Cooling Window Unit(s)

Inclusions WASHER, DRYER, DISHWASHER, REFRIGERATOR, STOVE, WALL MOUNTED TV

Exterior

Garage Private

Garage Spaces 12.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 12

Building

Foundation Concrete

Others

Security Features None

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