279 Hill Street, London East, ON N6B 1E1
London East, ON, N6B 1E1 · East K
About this property
Attention Investors or any buyers looking to live-in with excellent Income. Core area beautifully maintained 5-plex - Always fully rented, tenants pay heat/hydro (separate meters). Handy garage/workshop for landlord storage at the rear of the building. Building consists of 2 x 2 bed unit, 2 x 1, and a bachelor. All tenants on month to month. This is a fantastic up and coming area located just steps to the BRT corridor. Can be sold together with 281 Hill st (large duplex). Current CAP is 6% with incredible growth potential. Great addition to your portfolio! Seller will consider a Vendor Take Back mortgage. Don't miss out!
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Other
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick, Wood
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 5 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Other |
| Sewer | Sewer |
| Annual Tax | $4,308 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Wood
- Foundation Details
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Other
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 5.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 101.50
- Lot Width
- 34.20
Financial & Tax
- Tax Annual Amount
- $4,308
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flex
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Middlesex
- Cross Street
- Wellington & Hill St
- Directions
- East off Wellington Road
- Special Designation
- Unknown
- Showing Requirements
- List Brokerage, List Salesperson
Location
279 Hill Street, London East, ON N6B 1E1, London East, ON, N6B 1E1