Masters Group

Property Details

129 JOHN STREET, London, Ontario, N6A1N7

129 JOHN STREET, London, Ontario, N6A1N7 (ID X9234740)
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000

$5,595,000 - For sale

ID#:X9234740

Rare Opportunity to Own a Prime Downtown 19-Unit Purpose Built Apartment Building in a Highly Desirable AAA Location.Nestled on John Street, between Richmond Street and Talbot Street, this exceptional building offers a rare chance to own a prominent piece of downtown real estate. Boasting 19 units and a rented garage in the rear, this property presents a lucrative investment opportunity.Current gross income is $367,213.44 with lots of potential to increase the rents.The building comprises of 5 well-appointed two-bedroom units and 14 spacious one-bedroom units, catering to a diverse range of tenants. Impeccable renovations have been meticulously carried out on 16 of the 19 units, elevating the living experience to unparalleled heights. Upgrades include brand-new kitchens adorned with quartz countertops and state-of-the-art stainless steel appliances, providing residents with a modern culinary haven. Additionally, each unit is equipped with in-suite stackable laundry facilities, ensuring utmost convenience. The flooring has been replaced throughout, exuding elegance and durability. The newly remodeled bathrooms feature stylish vanities and sleek subway tile glass showers, exuding a sense of luxury and sophistication.Moreover, this building boasts a generous parking capacity, with 15 parking spots available in the rear. This amenity is highly valued in the downtown area, making it an even more enticing investment opportunity.With its impressive renovations, prime location, and remarkable features, this building is poised to be an outstanding addition to any real estate portfolio. Don't miss out on this extraordinary chance to own a remarkable piece of downtown living. (id:2471)

Location DescriptionJOHN ST & TALBOT ST

Property Details
  • Property Address:129 JOHN STREET, London, Ontario, N6A1N7
  • Property Type:Multi-family
  • Community Name:East F
  • Lot Size:65 x 202.7 FT|under 1/2 acre
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
  • Driveway:Detached Garage
  • Parking Space Total:12
Structure Details for 129 JOHN STREET, London, Ontario, N6A1N7
  • Structure Style:Other
  • Bedrooms:9
  • Bathrooms:19
  • Floor Space:4999.958 - 99999.6672 sqft
  • Heating Type:Natural gas, Hot water radiator heat
  • Storeys:3
  • Basement Type:N/A
  • Foundation Type:Concrete
  • Cooling Type:Window air conditioner
  • Appliances Included:Dishwasher, Dryer, Refrigerator, Stove, Wall Mounted TV
  • Exterior Type:Aluminum siding
Amenities for 129 JOHN STREET, London, Ontario, N6A1N7
  • Amenities Nearby:Hospital, Park, Place of Worship, Public Transit, Schools
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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129 JOHN STREET, London, Ontario, N6A1N7

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