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$1,299,900 CAD
3857 PETALPATH WAY
London, Ontario N6P 1H5
Canada
London, Ontario N6P 1H5
Canada
7 bedrooms
6 full baths
Residential For Sale, Single Family
Sale price per sqm: 0
Remarks:
INVESTORS DREAM PROPERTY! BRAND NEW! CITY OF LONDON APPROVED TRIPLEX! Possible 7%+ CAP RATE -estimated $90,000 in gross yearly income. RARE investment opportunity in the heart of a vibrant new subdivision! This immaculate Triplex boasts 4,022 SF of finished modern living space, designed for ultimate convenience and low maintenance living. Each unit within this triplex offers its own unique blend of comfort and style. The main floor suite features 2 bedrooms, 2 full baths, and seamless garage access for added convenience. On the upper level, you'll find 3 bedrooms, 2 full baths, and the cozy ambiance of an electric fireplace. Downstairs, the lower suite mirrors the main floor with 2 bedrooms, 2 full baths, and another inviting electric fireplace. With separate metering for gas and hydro for each unit, tenants enjoy autonomy over their utilities. Whether you're envisioning long-term tenants or exploring the lucrative realm of short-term rentals like Airbnb, this property is a true money maker. Inside each unit, in-suite laundry facilities ensure maximum convenience, while generously sized bedrooms provide ample space for relaxation. With a layout that allows the main floor and lower level to function as one large unit if desired, the possibilities are endless. Situated just moments away from the junction of highways 401 and 402, commuting is a breeze, making this property an ideal choice for tenants seeking accessibility. Plus, you're never far from everyday essentials with shopping, restaurants, banks, schools, and grocery stores all within easy reach. Whether you're an astute investor seeking a reliable income stream or an owner-occupier looking to offset mortgage costs by renting out additional units, this triplex offers the perfect blend of versatility and profitability. Don't miss out on this exceptional opportunity to secure your slice of real estate success! Schedule your viewing today. NOTE: PHOTOS ARE FROM A PREVIOUS BUILD AND FOR ILLUSTRATION PURPOSES ONLY. (id:42016)
Features:
- Exterior Description: Vinyl Siding
- Property Features: Fireplace
- Heating System: Forced Air
- Cooling System: Central Air Conditioning (zoned)
Location:
3857 PETALPATH WAY, London, Ontario N6P 1H5, Canada
Listed By CENTURY 21 First Canadian Corp. Brokerage
The Residential For Sale, Single Family located at 3857 PETALPATH WAY, London, Ontario N6P 1H5, Canada is currently for sale. 3857 PETALPATH WAY, London, Ontario N6P 1H5, Canada is listed for $1,299,900 CAD. This property has 7 bedrooms, 6 full baths. If the property located at 3857 PETALPATH WAY, London, Ontario N6P 1H5, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in London.