$1,750,000
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1576 Caledonia Street, London East (east H), ON N5W2W7

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18 Beds
12 Baths
- Sq Ft

An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117, 780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area. (id:58753)

Listing By: JAMES MCGUIRE - THRIVE REALTY GROUP INC. cncrea2 Realty.com
  • MLS® X12137351
  • Date Listed05/09/2025
  • Days on Realty 395 Days
  • Bedrooms 18
  • Bathrooms 12 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Water meter, Intercom, Water Heater
  • Cooling None
  • Heating Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size, Flat site, Lighting

Directions

Cross Streets: Spruce Street. ** Directions: North Side of Caledonia Street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N5W2W7

Discover key demographics, population statistics, and environmental insights for the London East (east H), ON area.

Walkability in ON / N5W2W7

Source: Walk Score

63/100

Somewhat Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

14 nearby routes: 14 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 40/100, Bike Score: 50/100.

Points of Interest near 1576 CALEDONIA STREET, London East (East H), ON N5W2W7

Frequently Asked Questions for 1576 CALEDONIA STREET

Source: Realty.com

1576 CALEDONIA STREET, London East (East H), ON N5W2W7 in London East (East H), ON N5W2W7 is a other listed at $1,750,000. Highlights include 18 bedrooms, 12 bathrooms. Realty.ca has 4 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 4 photos of 1576 CALEDONIA STREET.

The full address for this home is 1576 CALEDONIA STREET, London East (East H), ON N5W2W7.

1576 CALEDONIA STREET has been listed on Realty.com since Fri May 09, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 40/100, Bike Score: 50/100.

Listing provided courtesy of: THRIVE REALTY GROUP INC.
Listing agent: JAMES MCGUIRE

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