STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,350,000
Available - For Sale
Listing ID: X13880470
Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful potential for an investor to improve rental income over time through proper management and market positioning. The location is particularly attractive for a student and professional tenants, with a university, shopping, restaurants, public transit, and other amenities nearby. The property's multiple bedrooms, existing residential configuration and separate house provide excellent flexibility for rental income, owner occupancy, or multi-generational living. The property is currently zoned R8-4R3. . A rare opportunity to acquire a multi-unit property with a substantial existing accommodation, strong rental demand, and significant potential to increase income. An excellent option for investors seeking both current rental income and long-term appreciation and redevelopment potential.
Price $1,350,000
Taxes: $9,187
Occupancy by: Tenant
Address: 59 Saunby Street North , London North, N6G 1A4, Middlesex
Acreage: < .50
Directions/Cross Streets: Close to Wharncliffe Rd. N.
Rooms: 20
Bedrooms: 14
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Half
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bedroom 15.09 11.38
Room 2: Main Bedroom 14.30 11.18
Room 3: Main Bedroom 13.48 12.89
Room 4: Main Bedroom 10.07 10.00
Room 5: Second Bedroom 16.10 12.89
Room 6: Second Bedroom 11.91 9.09
Room 7: Second Bedroom 11.91 8.40
Room 8: Second Bedroom 14.69 11.55
Room 9: Second Bedroom 11.18 8.89
Room 10: Second Bedroom 11.09 8.59
Room 11: Basement Bedroom 12.89 8.10
Room 12: Basement Bedroom 14.10 10.10
Room 13: Basement Bedroom 12.79 8.89
Room 14: Basement Bedroom 14.30 11.18
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Second
Washroom 7:  4 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Second
Washroom 12:  4 Main
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Second
Washroom 17:  4 Main
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Property Type: Duplex
Style: Other
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Other
Approximatly Age: 51-99
Approximatly Square Footage: 5000 +
Property Features: School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Water: Water Sys
Water Supply Types: Water System
Utilities-Cable: A
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY

59 Saunby Street North , London North, N6G 1A4, Middlesex

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Stan Khurana
Sales Representative
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6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London North
Neighbourhood: North K
Style: Other
Lot Size: x 104.00(Feet)
Approximate Age: 51-99
Tax: $9,187
Maintenance Fee: $0
Beds: 14
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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