153 Godfrey Drive.
London, ON
$1,525,000
0 Bedrooms
0 Bathrooms
5000 SQ/FT
Stories
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $134,166.96 and an NOI of $91,403.93. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:57519)
Listing # : X12494880
City : London
Property Taxes : $15,105 for 2025
Property Type : Multi-family
Lot Area : 83.21 x 124.98 FT
Heating/Cooling : Hot water radiator heat Natural gas / None
Days on Market : 96 days
153 Godfrey Drive. London, ON
$1,525,000
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Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $134,166.96 and ...
Listed by Thrive Realty Group Inc.
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