London East, ON N5V 2E8,139 Godfrey DR
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London East, ON N5V 2E8,139 Godfrey DR
London East, ON N5V 2E8,139 Godfrey DR
London East, ON N5V 2E8,139 Godfrey DR
London East, ON N5V 2E8,139 Godfrey DR
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139 Godfrey DR London East, ON N5V 2E8


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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision East D

MLS Listing ID X12494896

Annual Tax Amount $16,777

Tax Year 2025

Property Sub-Type Investment

Property 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.

Location

State ON

County Middlesex

Community East D

Area Middlesex

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 75.97

Lot Depth 127.0

Others

ParcelsYN No


Listed by THRIVE REALTY GROUP INC.
Rinay Chand

Rinay Chand

Agent

+1(416) 822-2655

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139 Godfrey DR