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Renanza Realty
For sale

77 STERLING STREET

London East (East G), Ontario

MLS® X13611982

$975,000

Status
Active
Property type
Multi-family
MLS® number
X13611982
Bedrooms
6
Bathrooms
3
Year built

Listing description

Take advantage of the HST Rebate pricing now!!! Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $75,000.

00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 2286 sq ft on main and upper unit and 831 sq ft in lower unit for a total of 3117 sq ft .

It is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes and rapid transit corridor. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units.

Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical.

/storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)

Property summary

MLS® number
X13611982
Property type
Multi-family
Building type
Triplex
Land size
37 x 177 FT
Parking
3 spaces · No Garage
Days on market
52 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning, Air exchanger
Basement
Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Appliances
Refrigerator, Dishwasher, Stove, Water Heater
Exterior features
Vinyl siding
Lot features
Carpet Free, In-Law Suite

What would this home cost you?

Based on the $975,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,537 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE TRILAND REALTY, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.