324 WOLFE ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N6B 2C5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision East F
MLS Listing ID X12204886
Style 3-Storey
Bedrooms 8
Building Age 100+
Annual Tax Amount $24,921
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Fabulous Downtown location this purpose-built 8-Plex is Stunning on the corner of Wolfe and Waterloo, minutes from Victoria Park, Richmond row restaurants and the Downtown. Beautiful updated apartments with great reno creating great south-exposure walls of windows for the kitchen and living areas. These well appointed, character-filled 6 large 1 bedroom units and 2 Artsy Studio type units - each with their own hot water tank (new 2024) and Electric A/C air exchange units (2024) - separately metered-Tenants pay their own hydro. The Building is always rented: Current Annual income for 2025 proj. of $147,122.40 with current rents-rare vacancies. (Expenses in 2024 $39,258.87) Solid long-term investment in a quality area with possibility of upside in rent. Fire & Hydro approved and well-kept with great Tenants. Parking for 9 cars (3 unused now). This is a long-term solid investment. Please call to arrange showings (fully rented so please allow at least 24 hours). All questions call Christine Crncich, 519 670-6989.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Rooms
Family Room No
Basement Full,Finished with Walk-Out
Kitchen 8
Interior
Interior Features Air Exchanger,Brick & Beam,Carpet Free,Primary Bedroom - Main Floor,Separate Heating Controls,Separate Hydro Meter,Water Heater Owned
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Privacy
Parking Features Other,Front Yard Parking,Available
Pool None
Waterfront Description None
Roof Type Shingles
Topography Flat
Road Frontage Paved Road
Lot Frontage 99.67
Lot Depth 53.0
Total Parking Spaces 9
Building
Foundation Unknown,Stone
New Construction false
Others
Security Features Smoke Detector