337 Boler Road, London, ON, N6K 2K4

$1,199,000

MLS® # 40605467

Investment For Sale In Byron, London, Ontario

$1,199,000

Property Information:

This unique and rare offering boasts the only legal sixplex in all of Byron, one of London's premiere neighbourhoods. Featuring a projected rental income of up to $100,000 per annum; with oppurtunity to add value with the placement of new tenants (and the option to seperately meter the hydro). The prestigious location makes this property an ideal candidate to attract high quality working professional tenants, especially with each unit having its own dedicated parking inclusive with one to spare; featuring a total of seven seperate spots (in both the front and rear of the property). This property was recently renovated fully top to bottom: with all new bathrooms, modern bespoke and retrofitted kitchens , new flooring throughout, modern interior and exterior paint, updated exterior, new metal roof on the front portion, new high efficiency windows, updated plumbing, and a full electrical house rewire including a new 300 amp service & panels, coin laundry attachments, an owned tankless on demand hot water heater, and includes six gas fireplaces (one per unit) installed as primary heat source with newer electric baseboard heaters (as secondary backup heat sources). The prime location of this property has it situated in direct proximity to public transit, a grocery store, banking, restaurants, coffee shops, a gym, clinics and in walking distance to a drug store, nature spaces, trails and parks including the pride of London's park system, Springbank Park. This location offers direct access to the London trail system that allows connection to the entire city. The feeder schools for this location are all considered amoung the best in London for both primary and secondary education in both the Thames Valley District School Board and London District Catholic School Board. At present three of six units are currently vacant and at least four units will be vacant upon closing; offering an ideal oppurtunity for getting market rents and option to occupy one or more of the units.

Inclusions: Carbon Monoxide Detector,Smoke Detector,Other,6 Refridgerators, 6 Stoves, 4 Range Hoods, Washer, Dryer, Coin Operated Laundry System Attachments, Below Grade Sprinkler System, Garbage Cans & Recycling Bins, All Shelves, Light Fixtures, Ceiling Fans, Fireplaces

Exclusions : Tenant Owned Items / Personal Belongings

Building Features:

  • Floor Space: 2614 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Out Access, Partial, Unfinished
  • Built in: 1900
  • Construction Materials: Stucco
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Lighting, Private Entrance, Year Round Living
  • Fencing: Fence - Partial
  • Floor Space (approx): 2614 Square Feet
  • Heating: Baseboard, Fireplace(s)
  • Laundry Features: Coin Operated, Common Area, Shared
  • Lot Depth: 73 Feet
  • Lot Features: Rectangular, Ample Parking, Dog Park, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 64.00 Feet
  • Parking Features: Asphalt, Exclusive
  • Road Frontage Type: Public Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing, Metal
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Other
  • Water Source: Municipal
  • Waterfront Features:
  • Zoning: R6-4(11)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: EXP REALTY, BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos