132 m
Distance
Presenting an opportunity to acquire a 7-unit multifamily property package in the heart of downtown London. This offering includes both a triplex and a fourplex, providing immediate cash flow with long-term value-add potential. The unit mix consists of four 2-bedroom units and three 1-bedroom units, appealing to a broad tenant base. Four units have been fully renovated with modern upgrades, delivering strong rental appeal and reduced near-term maintenance, while the remaining three units offer clear upside through cosmetic and functional improvements. Currently operating at a 6.9% cap rate, the property provides solid in-place returns with additional income growth potential as rents are brought to market and value-add improvements are completed. Shared on-site laundry adds tenant convenience while generating supplemental income. Ideally located just steps from London's downtown core, tenants benefit from close proximity to transit, shopping, dining, employment hubs, and post-secondary institutions-factors that support consistent rental demand and low vacancy. For investors seeking a balance of stability and upside, this asset offers a compelling opportunity to acquire a partially renovated multifamily property with multiple pathways to grow both equity and cash flow at a STEAL of a price! (id:58753)
Cross Streets: Burwell / King. ** Directions: Near King Street between Colborne & Maitland.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 2349 DAUNCEY CRESCENT | 5 | 4 | Jul 09, 2026 | $1,149,900 |
| 6 OREGON ROAD | 3 | 2 | Jul 11, 2026 | $529,900 |
| 3455 GRAND OAK CROSSING | 4 | 3 | Jul 14, 2026 | $1,399,999 |
Discover key demographics, population statistics, and environmental insights for the London East (east G), ON area.
69/100
Somewhat Walkable
Walk Score ®
71/100
Excellent Transit
Transit Score ®
72/100
Very Bikeable
Bike Score ®
Some errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.
26 nearby routes: 22 bus, 4 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 50/100, Bike Score: 60/100.
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0 bds • 0 ba • 0 sqft
1680 DUNDAS STREET E, London East (East H), ON N5W3C7
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281 CONCESSION 2 TOWNSEND, Scotland, ON N0E1R0
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211 THOMPSON Road W, Waterford, ON N0E1Y0
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211 Thompson Road W, Waterford ON N0E 1Y0, Waterford, ON N0E 1Y0
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444 YORK STREET
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330 BURWELL STREET
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425-427 WILLIAM STREET
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245 MAITLAND STREET
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544 DUNDAS STREET E
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544 DUNDAS STREET E
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544 DUNDAS STREET E
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544 DUNDAS STREET E
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31 CARTWRIGHT STREET
bds • 4 ba • 3515 sqft
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602 DUFFERIN AVENUE
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LOT 104 DARWIN CRESCENT
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LOT 105 DARWIN CRESCENT
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6681 NAVIN CRESCENT
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244 ENSIGN CRESCENT
Source: Realty.com
376 BURWELL STREET, London East (East G), ON N6B2W2 in London East (East G), ON N6B2W2 is a other listed at $999,900. Highlights include 11 bedrooms, 7 bathrooms. Realty.ca has 26 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 26 photos of 376 BURWELL STREET.
The full address for this home is 376 BURWELL STREET, London East (East G), ON N6B2W2.
376 BURWELL STREET has been listed on Realty.com since Tue June 30, 2026
Some errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 50/100, Bike Score: 60/100.
Listing provided courtesy of:
PRIME REAL ESTATE BROKERAGE
Listing agent:
JUSTIN KONIKOW
This content last refreshed on 2026-07-15 02:03:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.