28 Oxford St W London, Ontario N6H 1R3

$749,900

Attention Student Parents and Investors! Location Location Location. Fantastic exposure right on Oxford & Wharncliffe Road. Short distance to Downtown, Hospital, Western University and Fanshawe College. Three Unit Residential building, once in a lifetime opportunity to add this in your investment portfolio. Comes with a huge lot with plenty of parking space. Recently renovated, bright & spacious units and highly demanded area, making this a perfect turnkey rental property. Total Rent Monthly is $4,735/month. Unit A: 2 Bedroom - Two levels like a townhouse, main floor comes with open concept living/dining, updated white kitchen, powder room, second floor features 2 bedrooms with full washroom and laundry in suite. Potential rent is $2,190/month. Currently vacant, can be rented out or live in the unit and have the other tenants pay your mortgage. Unit B: 1 Bedroom - rented for $1,130/month. Leased until Oct 31st, 2024. (Projected rent $1,350/month) Very bright unit with modern finishes such as pot lights and ensuite laundry. The kitchen has newer cabinets and quartz counter tops with a built in microwave and dishwasher. Unit C: Bachelor - rented for $1,195/month. Leased until April 30th, 2025. All clean and responsible tenants maintaining the units. The building has lots of potential for increasing the rents drastically. Close proximity to all other desired amenities such as Cherry Hill Mall, Richmond Row and much more. Won't last long in this market! Book your viewing today. (id:51013)

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https://www.realtor.ca/real-estate/26700258/28-oxford-st-w-london-north-n