Apartment Buildings for Sale near N5Y

London Multifamily for Sale

This well-maintained 21-unit apartment building is located in the heart of Central London, Ontario, offering a prime investment opportunity in a highly desirable location. The property features a mix of 1 and 2-bedroom units, catering to a diverse tenant base. Situated close to key amenities, public transit, and employment hubs, the building benefits from strong rental demand and stable cash flow potential. With consistent upkeep and solid maintenance, this property represents a reliable investment in a growing market with future appreciation prospects. For more details or to schedule a viewing, please contact us.

Property Subtype:

Apartment

Date on Market:

2025-02-28

London Multifamily for Sale

$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. NET INCOME $56,749.

Property Subtype:

Apartment

Date on Market:

2025-06-18

London Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2025-03-05

London Multifamily for Sale

CBRE Limited - London ("CBRE") has been retained on an exclusive basis to arrange for the sale of 174 King Street, a multi-residential building with a ground floor restaurant in the city of London. (the "Property" or "Properties"). 174 King Street offers 31 residential units and one commercial unit. The residential units are mainly bachelor units, with a total of 30 bachelors and 1 one bedroom unit. The ground floor restaurant was previously operating as Massey's Restaurant, with a new tenant expected to be signing an agreement shortly. The site provides 0.27 acres with 60 ft. of frontage along King Street. 174 King Street includes 12 parking stalls at the rear east quadrant of the site. Access to the parking is via a shared driveway (not owned by the seller), located on the east side of the property. The property provides the unique opportunity to acquire a cash-flowing multi-residential apartment building in the growing Southwestern Ontario market.

Property Subtype:

Apartment

Date on Market:

2025-03-28