$ 5.595.000

129 John Street, London East F

  • Bedrooms: 9
  • Bathrooms: 19
  • Added: 49 days ago
  • Updated: 15 days ago
  • Last Checked: 13 days ago
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. (id:1945)
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Property Details

  • Cooling: Window air conditioner
  • Heating: Hot water radiator heat, Natural gas
  • Stories: 3
  • Structure Type: Other
  • Exterior Features: Aluminum siding
  • Foundation Details: Concrete

Interior Features

  • Basement: Apartment in basement, Separate entrance, N/A
  • Appliances: Refrigerator, Dishwasher, Wall Mounted TV, Stove, Dryer
  • Bedrooms Total: 9

Exterior & Lot Features

  • Water Source: Municipal water
  • Parking Total: 12
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 65 x 202.67 FT

Location & Community

  • Directions: JOHN ST & TALBOT ST

Utilities & Systems

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal Information

  • Tax Year: 2023
  • Tax Annual Amount: 47160
  • Zoning Description: R3-1
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Nearby Places

Name
Type
Address
Distance
Fellini Koolini's Italian Cuisini
Restaurant
155 Albert St
0.3 km
Mongolian Grill
Restaurant
645 Richmond St
0.3 km
O"ZEN
Restaurant
607 Richmond
0.3 km
Black Trumpet Restaurant
Restaurant
523 Richmond St
0.4 km
Aroma Mediterranean Restaurant
Bar
717 Richmond St
0.5 km
St Peter's Cathedral Basilica
Church
196 Dufferin Ave
0.5 km
Victoria Park
Park
509 Clarence St
0.5 km
Tasting Room The
Restaurant
483 Richmond St
0.6 km
Garlic's Of London
Restaurant
481 Richmond St
0.6 km
Eldon House
Museum
481 Ridout St N
0.6 km
The Grand Theatre
Establishment
471 Richmond St
0.6 km
St. Paul's Cathedral
Church
472 Richmond St
0.7 km

Demographic Information

Neighbourhood Education
Master's degree 45
Bachelor's degree 100
University / Above bachelor level 10
Certificate of Qualification 10
College 45
Degree in medicine 10
University degree at bachelor level or above 185
Neighbourhood Marital Status Stat
Married 45
Widowed 5
Divorced 20
Separated 10
Never married 400
Living common law 80
Married or living common law 125
Not married and not living common law 435
Neighbourhood Construction Date
1961 to 1980 175
1981 to 1990 55
1991 to 2000 35
2001 to 2005 15
2006 to 2010 10
1960 or before 95
More Details?
  • TRENT FORRISTAL
  • SUTTON GROUP - SELECT REALTY
  • 519-933-3522

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