322 WELLINGTON RD N, London ON N6C 4P4 Photo 1 322 WELLINGTON RD N, London ON N6C 4P4 Photo 2 322 WELLINGTON RD N, London ON N6C 4P4 Photo 3

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322 WELLINGTON RD N - Excellent location, Quality purpose built 6-unit investment property. All but one of the units have been updated over the last couple of years. New flooring, kitchen, bathroom, interior doors, hardware, light fixtures, kitchen/bathroom venting to outside, appliances. Updated shingles, boiler, windows, pavement, covered front door. Control entry. Pride of ownership evident throughout. 5-2 bedrooms all renovated with long term tenants. Bachelor unit is original finishes with long term tenant and plenty of room for upside. Current Fire Inspection certificate on file. Yearly NOI $43,117. Unit 1-2 Bedroom $910.00, Unit 2-2 Bedroom $794.00, Unit 3-2 Bedroom $794.00, Unit 4-2 Bedroom $910.00, Unit 5-2 Bedroom $819.00, Unit 6- Bachelor $539.00, Laundry $120.00, Total Income/month $4,886.00.

Property Details

  • ID: 206649
  • Status: Active
  • New Construction: No
  • Property ID: 101419567
  • Storeys: 0
  • Estimated Annual Taxes: $5,140
  • Style: Residential
  • Parking Type Description: None 0 cars

Features

District South
Driveway Visitor Parking
Exterior Shingles, Brick
Features Area Influences Trails, Shopping Nearby, Schools, Public Transit, Playground Nearby, Park, Major Highway, Landscaped, Hospital
Features Interior Security System, Multiple Kitchens, Intercom
Fire Protection Carbon Monoxide Detector
Foundations Unknown
Garage Y/N No
Heat Primary Hot Water-Gas
Other Zoning - Csa6
Property SubType Residential
Property Type Multi-Family
Subdistrict South H
Tax Year 2018
Water Supply Municipal
Listed By Allen Fayad and The A Team of CENTURY 21 First Canadian Corp., Brokerage*