159 ST JAMES STREET

London, Ontario, N6A1W6, Canada

$1,198,000

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area!

EXTRAS Please see Sales Brochure URL for more photos and floor plans with all room measurements.

EXTRAS: Cul-de-sac

Virtual Tour: https://listings.tourme.ca/videos/019228fe-b6f0-72d0-9d72-d7204954fdcf

Last updated on : Wednesday 22nd of January 2025 12:50:01 AM

ADDRESS

Street : 159 ST JAMES STREET

City : London

Province : Ontario

Country : Canada

Postal Code : N6A1W6

Open in Google Map

PROPERTY SUMMARY

Property ID : X10432559

Building Type : Other

Property Type : Multi-family

Bedrooms : 5 + 2

Bathrooms : 6

Parking : 9

Similar Properties

Multi-family

228 MAIN Street

Cambridge, Ontario, N1R1W8

$999,900

Beds: 5Baths: 4

property Type: Triplex

type: Sale

Hassan Qureshi
2 days ago

DETAILS

Multi-family

72 OBERMEYER Drive

Kitchener, Ontario, N2A1P6

$799,900

Beds: 5Baths: 2

property Type: Duplex

type: Sale

LEIGHTON NASH
12 hours ago

DETAILS

Multi-family

306 PALING Avenue

Hamilton, Ontario, L8H5J9

$859,000

Beds: 5Baths: 3

property Type: Triplex

type: Sale

Katerina Wagner
1 month ago

DETAILS

Multi-family

43 CROOKS Street

Hamilton, Ontario, L8R2Z7

$1,125,000

Beds: 5Baths: 2

property Type: Duplex

type: Sale

1 day ago

DETAILS

Multi-family

43 PEER Drive

Guelph, Ontario, N1C1H1

$1,100,000

Beds: 5Baths: 4

property Type: Duplex

type: Sale

CHRIS SHODY
2 months ago

DETAILS

Inquire about this property