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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$1,525,000
Available - For Sale
Listing ID: X12494880
153 Godfrey Drive , London East, N5V 2E8, Middlesex


Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable 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 $133,755 and an NOI of $95,570. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.
Price $1,525,000
Taxes: $15105.00
Tax Type: Annual
Occupancy: Tenant
Address: 153 Godfrey Drive , London East, N5V 2E8, Middlesex
Postal Code: N5V 2E8
Province/State: Middlesex
Legal Description: PART BLOCK D RP872 AS IN 586533; SUBJECT
Directions/Cross Streets: Highbury Ave N and Huron St
Washroom Type No. of Pieces Level
Washroom Type 1 0
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Washroom Type 57 0
Washroom Type 58 0
Washroom Type 59 0
Washroom Type 60 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5000.00
Total Area Code:  Square Feet
Washrooms: 0
Heat Type: Gas Hot Water
Central Air Conditioning: No
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THRIVE REALTY GROUP INC.
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Com - Investment
Area: Middlesex
Municipality: London East
Neighbourhood: East D
Style:
Lot Size: x 124.98(Feet)
Approximate Age:
Tax: $15,105
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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