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London, ON, N5W2W7 • Argyle • Middlesex County
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18Beds
12Baths
0 acLot
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Carbon Monoxide Detector(s) · Smoke Detector(s)
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340 days on market
Established listing
Multi Family
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area.
Standout features identified
Our analysis highlights spacious two-bedroom units, one-bedroom units, and well-maintained property as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,520,000 loan
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London, ON, N5W2W7
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London, ON • Middlesex County
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