ON > London East > East G
London East, ON N5W 3H1,630 Queens AVE
London East, ON N5W 3H1,630 Queens AVE
London East, ON N5W 3H1,630 Queens AVE
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$987,000
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630 Queens AVE London East, ON N5W 3H1

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+1(647) 296-5605

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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

Listed by RICHART REALTY INC., BROKERAGE

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630 Queens AVE