$1,100,000
6.77 BTC
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368 Calgary Street, London
$1,100,000
PRICE
14 + 1
BEDROOMS
8
BATHROOMS
X12023560
MLSID

368 Calgary Street, London

Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000.
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Summary

Address
368 Calgary Street
City
Community
MLSID
X12023560
Property Type
Multiplex
Property Category
Bedrooms
14 + 1
Bathrooms
8
Kitchens
7 + 8
Zoning
R2-3
Taxes (Annual)
$4,609.00
Tax Year
2024
Published
March 17, 2025
Days on Market
135 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

coin washer and dryer, 8 stoves, 8 refrigerators

Exclusions

tenants belongings

Details

Property Features
School, Public Transit, Park, Place Of Worship
Parking Spaces
10
Parking Total
10
Parking Features
Available, Private, Unreserved
Architectural Style
2-Storey
Roof
Other
Construction Materials
Stone, Vinyl Siding
Lot Width
125 Feet
Lot Depth
115 Feet
Water
Municipal
Heat Source
Other
Heat Type
Other
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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