49 Paddington Avenue
London, Ontario, N6J2S5, Canada
Please do not visit without confirmation.
Approx. price(Sep 2022):
$777,777
| Building type: | Triplex |
| Building style: | Detached |
| Storeys: | 2 |
| Land Size: | under 1/2 acre |
| Floor Space: | 1432 |
| Bathrooms: | 3 |
| Bedrooms: | 6 |
| Parking Space(s): | 7 |
| Cooling: | Window air conditioner |
| Heating Type / Fuel: | Baseboard heaters, (Electric) |
| Basement / Features / Type: | / / Partial (Unfinished) |
| Exterior: | Concrete, Vinyl siding, Shingles |
| Fireplace: | 1 / Electric (Other - See |
| Water: | Municipal water |
Property Description
Triplex for sale in London located in 49 Paddington Avenue , Ontario, N6J2S5, Canada. This Triplex have 6 bedrooms and 3 bathrooms. This property listing building style is Detached. For all the rest of the information we have about this property in London , see above.
Nestled in desirable West Manor Park sits this fully renovated Three Unit building, rented for nearly $5, 000 /month (almost $60, 000 /year) to great tenants with experienced turnkey property management that wishes to stay on at 5% management fee (6% if including snow removal and yard maintenance). All three units are very spacious (a 3 bedroom, 2 bedroom and 1 bedroom unit) and are tastefully appointed fully-above grade (no basement apartments)! This property includes four hydro meters, one for each unit plus one for common elements. Full basement for laundry and storage. The Manor Park neighborhood is a beautiful hidden gem in London with walking trails, friendly neighbors and everything within walking distance! Ample parking, on-site laundry, a private outdoor space (a mini oasis with a hot tub included with the sale of the property), and updated elements inside and out. Located just West of Wortley Village and surrounded by lovely nature spaces 49 Paddington Avenue delivers on many levels. All important elements are newly renovated - New roof completed in 2022 along with new windows, vinyl siding, eavestroughs, luxury vinyl plank flooring, driveway, paint, heating, bathrooms and kitchens, plumbing lines and drains, electric, new main water meter and line, fence, deck, hydraulic cement waterproofing, and driveway among others with too much to list! With the option to have the all three units rented at market rent or the option to have the two bedroom unit vacant at close. This turnkey grandfathered in Triplex offers a superb place to call home and offset your expenses as an owner/occupy opportunity. Equally enticing is the prospect of securing this homestead as a high performing income property. ideal to compliment existing portfolios or as a great ease of entry as a first investment. Contact Listing Agent Nathan Blanco at 226.224.1390 or nathan.blanco@exprealty.com any time. He will be available to facilitate showings/answer any questions.
Other Structures: Shed, Porch
