$1,800,000
19.32 BTC
Photos
351 Princess Avenue, London
$1,800,000
PRICE
10
BEDROOMS
10
BATHROOMS
X14140328
MLSID

351 Princess Avenue, London

Investment Opportunity in the heart of desirable Woodfield! Welcome to 315 Princess Ave, this 10-unit income property offers an excellent opportunity for investors looking to add a solid, established asset to their portfolio. The property features ten 1-bedroom rental units and a 10-car garage, providing both reliable rental income and valuable parking. Generating approximately $157,431 in total revenue and offering a 6.2% cap rate, this property combines strong current performance with long-term investment potential in one of London's most sought-after central neighbourhoods. Several important upgrades have already been completed, including a new hot water boiler in 2019, two owned hot water tanks installed approximately in 2022, 60-amp breaker panels in all units, and a flat roof approximately 6 years old. Coin operated Washer & Dryer on site. With 9 units currently occupied, recent capital improvements, ample garage parking, and a prime Woodfield location close to the amenities, restaurants, shops, and conveniences of central London, 315 Princess Ave is an excellent opportunity to acquire a turnkey multi-residential investment with proven income.
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Summary

Address
351 Princess Avenue
City
Community
MLSID
X14140328
Property Type
Multiplex
Property Category
Bedrooms
10
Bathrooms
10
Kitchens
10
Taxes (Annual)
$20,615.00
Tax Year
2025
Published
November 2, 2026
Days on Market
6 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Basement
Full
Interior Features
Water Heater Owned
Parking Spaces
2
Parking Total
12
Architectural Style
2-Storey
Roof
Flat
Construction Materials
Brick
Lot Width
33 Feet
Lot Depth
198 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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