Multifamily in N6J available for sale
1

Apartment Building for Sale near N6J

The max can't be less than the min

N6J Apartment Building for Sale

Apartment Buildings for Sale Within 5 kilometers of N6J

More details for 184 Simcoe St, London, ON - Multifamily for Sale

184 Simcoe St

London, ON N6B 1H9

  • Multifamily for Sale
  • $744,900 CAD
  • 6,300 SF

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.

Contact:

Century 21 Millennium Inc.

Property Subtype:

Apartment

Date on Market:

2025-06-18
Hide
See More
LoopNet Canada Ontario London Apartment Buildings For Sale in N6J, London, Canada

Learn More About Investing in Apartment Buildings

More Articles
Understanding Cap Rates in Commercial Real Estate
Understanding Cap Rates in Commercial Real Estate
Calculating and Interpreting Cap Rates for Canadian Investors
Types of Commercial Leases: From Gross to Triple Net
Types of Commercial Leases: From Gross to Triple Net
Understanding the Different Lease Structures for Your Business Space
Commercial Real Estate Investing: Your Path to Market Success
Commercial Real Estate Investing: Your Path to Market Success
Your guide to starting and thriving in Canadian commercial property investments
Apartment Building Investment: A Strategic Market Overview
Apartment Building Investment: A Strategic Market Overview
Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio
How to Rent an Office for Your Business in Canada
How to Rent an Office for Your Business in Canada
Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space
Understanding Common Area Maintenance (CAM) Charges
Understanding Common Area Maintenance (CAM) Charges
Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions
How to Buy Land: From Raw to Ready for Development
How to Buy Land: From Raw to Ready for Development
Understanding Land Types and Purchase Requirements for Property Investment
REIT Investment Strategies: Building Real Estate Wealth
REIT Investment Strategies: Building Real Estate Wealth
Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in N6J

View All Available Listings
How many apartment buildings are available for sale in N6J?
There are currently 1 apartment buildings available for sale in N6J, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in N6J?
The average size of apartment buildings available for sale in London is about 33,036 SF. The largest apartment buildings available to buy is 33,036 SF and the smallest is 33,036 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
Nearby Cities
Other Property Types