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29 Cartwright St

29 Cartwright St, London

FOR SALE 13.8339 ฿ ( ? ) OR $1,999,000 CAD
+1
Listing contracted with Sutton Group - Select Realty
8+3
BEDROOMS
12
BATHROOMS
X11894325
MLS® ID
ADDRESS
Call: 416-800-1055
PROPERTY TYPE
3-Storey, Multiplex Property
47 Rooms Total, 8 + 4 Kitchens
12 Parking Spaces
LOT SIZE
60.00 x 166.00
PROPERTY FEATURES
Hospital, Library, Park, Place Of Worship, Public Transit, School
None Basement
Brick Exterior
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SALES HISTORY
01/30/2025
FOR SALE
$1,999,000
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PROPERTY TAXES
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PROPERTY DESCRIPTION
Rare Opportunity To Purchase A Building Like This In The Core Area. Solid Brick 12 Unit Apartment Building. Huge Upside Potential With Rents In The $1350. A Month Range Of Value Of $2,800,000 At 5% Cap Rate Potential Rents Of $1600 A Month With High End Finishes To The Units And A Projected Market Value Of Almost $3,600,000 At A 5% Cap Rate. Lots Of Parking In The Back Parking Lot. Solid Built Building. Roof Approx. 8 Years Old. Located Right Downtown Within Walking Distance To Shops, Victoria Park And All Amenities. 11 One Bedroom Apartments And 1 Bachelor Apartment. Laundry Located In Lower Level.
LEGAL DESCRIPTION
Pt Lts 68 & 67 Plan 12(E) As In 770859; T/W 770859
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