324 WOLFE ST new

London East,ON N6B 2C5

$ 1799000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision East F

MLS Listing ID X12204886

Style 3-Storey

Bedrooms 8

Building Age 100+

Annual Tax Amount $24,921

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Fabulous Downtown location this purpose-built 8-Plex is Stunning on the corner of Wolfe and Waterloo, minutes from Victoria Park, Richmond row restaurants and the Downtown. Beautiful updated apartments with great reno creating great south-exposure walls of windows for the kitchen and living areas. These well appointed, character-filled 6 large 1 bedroom units and 2 Artsy Studio type units - each with their own hot water tank (new 2024) and Electric A/C air exchange units (2024) - separately metered-Tenants pay their own hydro. The Building is always rented: Current Annual income for 2025 proj. of $147,122.40 with current rents-rare vacancies. (Expenses in 2024 $39,258.87) Solid long-term investment in a quality area with possibility of upside in rent. Fire & Hydro approved and well-kept with great Tenants. Parking for 9 cars (3 unused now). This is a long-term solid investment. Please call to arrange showings (fully rented so please allow at least 24 hours). All questions call Christine Crncich, 519 670-6989.

Location

Province ON

County Middlesex

Community East F

Area Middlesex

Rooms

Family Room No

Kitchen 8

Interior

Cooling Wall Unit(s)

Exterior

Exterior Feature Privacy

Parking Features Other,Front Yard Parking,Available

Pool None

Waterfront Description None

Roof Type Shingles

Building

Foundation Unknown,Stone

New Construction false

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