London East, ON N5Y 2R6,758 William ST
London East, ON N5Y 2R6,758 William ST
London East, ON N5Y 2R6,758 William ST
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$1,149,000
Est. payment /mo
7 Baths
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision East F

MLS Listing ID X12604370

Annual Tax Amount $8,617

Tax Year 2025

Property Sub-Type Investment

Lot Depth 70.0

Lot Front 71.0

Property Description

PRIME LOCATION for an Investment. 6 Apartments suites in core area neighbourhood in a building with character that is always rented. NOTE 3 addresses 758 - 760 William Street & 563 Oxford St E. Driveway off both William and shared off Oxford. This 6-plex consists of 3 one-bedroom suites, 1 one-bedroom + den suite, 1 large studio suite, and 1 Attic two-bedroom suite (with in-suite laundry). Two suites share laundry in the basement. Surface parking for 3 cars (+ a few Blvd spots) and 1 in detached garage. Six electricity meters, one gas meter, one water meter. Five of six tenants pay person-use electricity (including individual A/C splits) with the landlord paying for basement suite. Higher-end Gas fired hot water heating / boiler which efficiently heats the units. Well maintained building and units. A few longer-termed tenants with below market rents. Located on many bus routes (Oxford), within walking distance to shopping & Richmond Row, restaurants, schools and parks. 1 minute walk to transit stop for Routes 04 & 17. Large front porch. and Balcony porches for upper floor tenants. The building is fully leased - Rent Annually is $91,296 including some lower rents. The garage is an added bonus for parking or addition possibility. Great Downtown living in a well-kept Gem.

Location

Province ON

County Middlesex

Community East F

Area Middlesex

Zoning OC4 R3-Multi-family Residential and Office

Interior

Cooling Yes

Inclusions 6 Fridges, 6 Stoves, A/C Units. 2 Washers & 2 Dryers

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 71.0

Lot Depth 70.0

Building

Building Age 100+

Others

ParcelsYN No


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Listed by TEAM GLASSER REAL ESTATE BROKERAGE INC.

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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