London, ON N6A 2K3,367 Huron ST
London, ON N6A 2K3,367 Huron ST,Video Tour
London, ON N6A 2K3,367 Huron ST
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$849,900
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367 Huron ST London, ON N6A 2K3

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System Administrator

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Othen Group

+1(647) 296-5605

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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


Listed by COLDWELL BANKER POWER REALTY

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367 Huron ST