Address: 1576 CALEDONIA STREET, London East (East H) FOR SALE Postal Code: N5W2W7 Style: Type: Multi-family Other Bedrooms: 18 Bathrooms: 12 Bedrooms Aboveground: 18 Parking: No Garage Garage: No Garage Lot Size: 97 ft x Property Size: 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3 Stories: 3
About 1576 Caledonia Street
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area. (id:56071). Get more information on 1576 Caledonia Street
Property Features
Appliances: Intercom, Water Heater, Water meter Features: Irregular lot size, Flat site, Lighting Landscape: Landscaped Rental Equipment: Directions: Spruce Street Zoning Description: R2-3 Interior Size: 5000 - 100000 sqft View: View Amenities: Separate Heating Controls Lot: 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3 Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Age: 51 to 99 years Foundation: Concrete Basement: N/A
Rooms & Sizes
Found a property your're looking for? Schedule a showing with our team. We're here to answer your questions and help you get a closer look.
John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
Terms Of Use
This website is operated by RE/MAX Centre City John DiRenzo Team Brokerage, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, RE/MAX Centre City John DiRenzo Team Brokerage, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
Trademarks:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA. The data provided is for informational purposes only and should not be relied upon without verification.
NEW LISTING
FOR SALE
FOR SALE
FOR SALE
FOR SALE