764 KING Street No longer available

London, East L, N5W 2X4

$499,900

Description

Listed by Initia Real Estate (Ontario) Ltd.

Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Dryer, Refrigerator, Stove, Washer

Location

View Map
  • Address: 764 KING Street
  • Neighborhood: East L
  • City: London
  • State: Ontario
  • Postal Code: N5W 2X4

Property Details

  • Property ID: X11898529
  • Property Price: $499,900
  • Style: Detached, 1 1/2 Storey
  • Sq/Ft: 2400
  • Rooms: 7+3
  • Bedrooms: 3
  • Bath: 2
  • Garage: Detached
  • Parking Spaces: 3
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Part Fin, Full
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,001.80 (2023)
  • Acreage: < .50 Acres
  • Lot: 164x33 (Feet)
  • Exposure: N

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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