764 King Street, London

Bedrooms: 3
Bathrooms: 2
Living area: 1500 square meters
Type: Residential
Added: 11 days ago
Updated: 10 days ago
Last Checked: 12 hours ago

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants. (id:1945)

Show More Details and Features

Property DetailsKey information about 764 King Street

Cooling: Central air conditioning
Heating: Forced air, Natural gas
Stories: 2
Structure Type: House
Exterior Features: Brick
Foundation Details: Block

Interior FeaturesDiscover the interior design and amenities

Basement: Partially finished, Full
Appliances: Water purifier, Water Heater
Bedrooms Total: 3

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 764 King Street

Water Source: Municipal water
Parking Total: 3
Parking Features: Detached Garage
Building Features: Fireplace(s)
Lot Size Dimensions: 33 x 164 FT

Location & CommunityUnderstand the neighborhood and community

Directions: Hewitt
Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 764 King Street

Tax Annual Amount: 2001.8

Room Dimensions

Type	Level	Dimensions
Kitchen	Ground level	3.5 x 2.8
Dining room	Ground level	4.1 x 3.1
Living room	Ground level	3.7 x 3.7
Bedroom	Second level	4.3 x 2.7
Bedroom	Second level	3.8 x 3
Bedroom	Second level	3.2 x 2.4
Recreational, Games room	Basement	5.4 x 3.2
Laundry room	Basement	5 x 2

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Nearby Listings Stat

Active listings

110

Min Price

$149,999

Max Price

$924,900

Avg Price

$533,303

Days on Market

52 days

Sold listings

Min Sold Price

$224,900

Max Sold Price

$799,900

Avg Sold Price

$523,049

Days until Sold

52 days

Additional Information about 764 King Street

This House at 764 King Street London, ON with MLS Number x10412015 which includes 3 beds, 2 baths and approximately 1500 sq.ft. of living area listed on London market by PERRY CASKANETTE - INITIA REAL ESTATE (ONTARIO) LTD at $499,900 11 days ago.

We have found 6 Houses that closely match the specifications of the property located at 764 King Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 474,900 and 695,000.

The current price of the property is $499,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $424,915. This would result in a monthly mortgage payment of $2,338 over a 25-year amortization period.