630 Queens AVE Active Save Request In-Person Tour Request Virtual Tour
London East,ON N5W 3H1
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision East G
MLS Listing ID X12019464
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $3,741
Tax Year 2024
Property Sub-Type Triplex
Property Description
Blend of contemporary upgrades and modern conveniences with historic elements throughout this totally renovated Victorian triplex. Unique New York Loft styling vibe consistently attracts more discerning tenant demographic who work in downtown area, from home or graduate student couples. Great setup for owner operated investment or multigenerational family living. Rare large city lot 50 x 151 (15.2m x 47. 7m) with private single driveway leading to fully fenced treed backyard with private parking for 6. Security camera (no contract) and LED perimeter lighting. Large wrap around front porch & private gated rear deck. Legally licensed triplex comprised of 3 above ground sun-filled Apts. No basement Apts. Building and each apt fully renovated, featuring exposed brick walls. Tongue & groove pine walls; uplevel vinyl flooring throughout all 3 Apts (2023/24), 10 (3.1m) ceiling; window coverings on all windows. Unfinished heated walkable basement, Property continually updated/ upgraded over the years to add unique features & almost maintenance free ownership. Asphalt shingled roof (2009); aluminum soffits, fascia, eavestroughs and downspouts (2023); 2 gable ends painted (2023); front cement steps/sidewalk (2023); pex plumbing (2010) copper wiring/3 breaker panels/ESA certificates (2011); new windows (2011), Veismann boiler (2012). 3 owned electric hot water tanks (2011). 2 washer/dryer combo units; 3 dishwashers, 3 stoves, 3 fridges, 1 microwave/fan. Cap rate 5.2% income $64,800, Operating Expenses $12, 696 NOI %52,104. All apartments separate hydro meters with breaker panel in each Apt. Tenant pay hydro. Rent includes heating (gas boiler) for hot water iron rads and water. Solid cornerstone for new or existing investment property portfolio. Quality investment property with very little work. OC5-R3, R11 zoning provides potential for versatile usage, to be confirmed with city. Vacant possession possible.
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Zoning OC5 R3-1, R11
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Carpet Free,Separate Heating Controls,Storage,Water Heater Owned,Workbench
Cooling None
Inclusions Interior features: Appliances: 3 stoves, 3 fridges, 3 dishwashers; 3 washer/dryer combos; 2 stove fans, 1 microwave/fan, 3 electric hot water tanks
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle,Flat
Lot Frontage 50.0
Lot Depth 151.14
Total Parking Spaces 6
Building
Foundation Brick
Others
Senior Community No
Security Features Carbon Monoxide Detectors,Security System,Smoke Detector
ParcelsYN No