303 Wolfe Street, London, ON

$1,499,000

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8

Beds

3

Baths

3,500

Square feet

About 303 Wolfe Street

Beautiful renovated 2.5 storey large triplex in sought after Woodfield estates neighbourhood close to downtown London and Western University. Only a one minute walk to Victoria park or Richmond row shops. Can’t find a better location to make an investment! In the past two years this building has had over $150,000 in upgrades. Unit #2 has been fully renovated, All of the wiring has been upgraded with ESA inspections; new eves and fascia; steel roof (2017); new exterior doors; new stamped concrete patio; 3 hot water tanks (owned); new large bathroom in front unit (#1), all new appliances in units 2&3 plus brand new washer/dryer in every unit. Each unit has a separate gas furnace, central A/C, gas meter and hydro meter. Plenty of parking available in private drive and at rear. Before COVID 5 of the 9 parking spaces where rented monthly to London Life employees. Those employees will be returning to the office soon. Property has two 3 bedroom units and one 2 bedroom unit. All Units have decks/outdoor space. Large 2 storey unit is rented $2300/month and the 2 bedroom rented $1800/month. The other 3 bedroom unit has just been fully renovated and could easily rent $2400+/month. Low expenses, excellent net income. Contact agent for all financial information. Great opportunity to add to your portfolio!.

Features of 303 Wolfe Street

MLS® # 40248698
Price $1,499,000
Bedrooms 8
Bathrooms 3.00
Square Footage 3,500
Type Residential Income
Sub-Type Multi-3 Unit
Status Active

Community Information

Address 303 Wolfe Street
Area East
Subdivision East F
City London
County Middlesex
Province ON
Postal Code N6B 2C4

Amenities

Parking Spaces 9
Parking Asphalt, Gravel, Assigned
Is Waterfront No
Has Pool No

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters
Appliances Water Heater Owned, Dryer, Refrigerator, Stove, Washer
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
# of Stories 3
Has Basement Yes
Basement Partial, Unfinished

Exterior

Exterior Features Lighting
Lot Description Urban, City Lot, Library, Public Transit, Shopping Nearby
Roof Metal
Construction Brick
Foundation Block

Additional Information

Days on Market 64

Listing Details

AgentBrent Raemisch
OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

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