$1,149,900
7.03 BTC
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340 Hill Street, London
$1,149,900
PRICE
12
BEDROOMS
6
BATHROOMS
X12075582
MLSID

340 Hill Street, London

Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London.
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Summary

Address
340 Hill Street
City
Community
MLSID
X12075582
Property Type
Multiplex
Property Category
Bedrooms
12
Bathrooms
6
Kitchens
6
Zoning
R3-1
Taxes (Annual)
$3,099.00
Tax Year
2025
Published
April 10, 2025
Days on Market
111 Days
Possession Type
Flexible
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Exclusions

Tenant's belongings

Details

Parking Spaces
9
Parking Total
9
Parking Features
Reserved/Assigned
Architectural Style
3-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
66 Feet
Lot Depth
33 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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