367 Huron ST new Save Request In-Person Tour Request Virtual Tour
London,ON N6A 2K3
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East B
MLS Listing ID X12029058
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,742
Tax Year 2024
Property Sub-Type Detached
Property Description
Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This property is currently leased out for $6,734/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The current lease is from May 1, 2025 April 30, 2026 and generates $80,811/year in rental revenue, representing an impressive 8.7% CAP RATE at the current list price. This property has always been rented with ease based on the location and bedroom sizes and has never seen a vacancy since the owner has taken possession. The house includes 2 large bedrooms on the main level, 3 spacious bedrooms upstairs and 1 bedroom in the lower level. Each floor conveniently has a full bathroom and there is a large laundry room in the basement. Fantastic covered porch at front of home and deep private drive with single car garage provides for ample parking. The fully fenced backyard is great for entertaining and includes a custom built deck and large grass area perfect for activities. Recent updates include Roof (2020), 3 energy efficient ductless split units for heating & cooling (2019), Gas boiler updated (2012) and painting & lighting throughout. This property is conveniently located on a bus route and walking distance to UWO, Gibbons Park, Downtown London and the Masonville Mall district.
Location
Province ON
County Middlesex
Community East B
Area Middlesex
Zoning R1-4
Rooms
Family Room No
Basement Full,Finished
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Carpet Free
Cooling Wall Unit(s)
Inclusions Refrigerator, Stove, Dishwasher, Dryer, Washer
Exterior
Exterior Feature Deck,Porch
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 40.7
Lot Depth 145.54
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community Yes
Virtual Tour https://my.matterport.com/show/?m=jyWayEL4tHL