$ 499.900

764 King Street, London East L

  • Bedrooms: 3
  • Bathrooms: 2
  • Type: Residential
  • Added: 164 days ago
  • Updated: 15 days ago
  • Last Checked: 13 days ago
Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. 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. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. 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)
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Property Details

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

Interior Features

  • Basement: Partially finished, Full
  • Flooring: Laminate
  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Bedrooms Total: 3
  • Fireplaces Total: 1

Exterior & Lot Features

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

Location & Community

  • Directions: Glebe
  • Common Interest: Freehold

Utilities & Systems

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal Information

  • Tax Year: 2023
  • Tax Annual Amount: 2001.8
  • Zoning Description: R8-4
Room Dimensions
Type Level Dimensions
Living room Main level 3.7 x 3.7
Dining room Main level 4.1 x 3.1
Kitchen Main level 3.5 x 2.8
Recreational, Games room Lower level 5.4 x 3.2
Utility room Lower level 5 x 2
Primary Bedroom Second level 4.3 x 2.7
Bedroom 2 Second level 3.8 x 3
Bedroom 3 Second level 3.2 x 2.4
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Nearby Places

Name
Type
Address
Distance
Aeolian Hall
Establishment
795 Dundas St
0.2 km
Western Fair
Establishment
316 Rectory Street
0.4 km
Banting House National Historic Site
Museum
442 Adelaide St N
0.5 km
London Police Service
Police
601 Dundas St
0.6 km
H.B. Beal Secondary School
School
London
0.8 km
Catholic Central High School
School
450 Dundas St
1.1 km
Amici Italian Restaurant
Restaurant
350 Dundas St
1.4 km
The Royal Canadian Regiment Museum
Museum
701 Oxford St E
1.4 km
Delta London Armouries Hotel
Bar
325 Dundas St
1.5 km
Dragon Court Restaurant
Meal takeaway
931 Oxford St E
1.5 km
Hilton London
Bar
300 King St
1.6 km
The Canadian Medical Hall of Fame
Museum
267 Dundas St
1.7 km

Demographic Information

Neighbourhood Education
Master's degree 50
Bachelor's degree 110
University / Above bachelor level 20
University / Below bachelor level 15
Certificate of Qualification 10
College 270
Degree in medicine 15
University degree at bachelor level or above 205
Neighbourhood Marital Status Stat
Married 150
Widowed 40
Divorced 125
Separated 80
Never married 630
Living common law 145
Married or living common law 295
Not married and not living common law 865
Neighbourhood Construction Date
1961 to 1980 35
1981 to 1990 35
1991 to 2000 45
2001 to 2005 20
2006 to 2010 55
1960 or before 130
More Details?
PERRY CASKANETTE
  • PERRY CASKANETTE
  • INITIA REAL ESTATE (ONTARIO) LTD
  • 519-280-5579