933 Elias Street, London

933 Elias Street, London, ON N5W3P3 Photo 1

42 Photos

933 Elias Street, London, ON N5W3P3 Photo 2
933 Elias Street, London, ON N5W3P3 Photo 3
933 Elias Street, London, ON N5W3P3 Photo 4
933 Elias Street, London, ON N5W3P3 Photo 5
933 Elias Street, London, ON N5W3P3 Photo 6
933 Elias Street, London, ON N5W3P3 Photo 7
  • Bedrooms: 5
  • Bathrooms: 4
  • Living area: 1469 sqft
  • MLS®: 40549233
  • Type: Residential
  • Added: 52 days ago

Property Details

Attention investors and house-hackers! An excellent turn-key opportunity with this triplex in Old East Village. With the front unit owner-occupied and the other two units rented to A++ tenants, there's an immediate income potential of over $50, 000. At market value rent the fully rented potential income increases to over $58, 000. Each fully-contained unit has its own entrance, with every unit containing it's own appliances, including a washer, dryer, dishwasher, and microwave. No shared spaces and all units are above-grade. Unit 1 (front) - 1 bedroom, 1 bathroom currently owner occupied and vacant upon close. Unit 2 (back) - 2 bedrooms, 1.5 bathrooms rented at $1565 per month. Unit 3 (upper) - 2 bedrooms, 1 bathroom rented at $1375 per month. One of the largest residential lots on Elias, boasting up to 8 parking spots. Located close to transit and in the desirable Old East Village. Right next door to the Western Fairgrounds and close to fun at The Factory. Easy transit to downtown, 401, Fanshawe, and Western. A great investment, whether a savvy investor or someone looking to house-hack to get into the market, it's an opportunity you don't want to miss! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Basement: Unfinished, Partial
  • Year Built: 1912
  • Directions: From Quebec, turn onto Elias. On the left-hand side.
  • Living Area: 1469
  • Photos Count: 42
  • Water Source: Municipal water
  • Parking Total: 8
  • Bedrooms Total: 5
  • Structure Type: Triplex
  • Common Interest: Freehold
  • Subdivision Name: East G
  • Tax Annual Amount: 2289.92
  • Exterior Features: Brick
  • Community Features: Quiet Area, Community Centre
  • Foundation Details: Brick
  • Zoning Description: R3-2
  • Number Of Units Total: 3
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Nearby Places

Name Type Address Distance
Aeolian Hall Establishment 795 Dundas St 0.7 km
Aeolian Hall (London, Ontario) and Rectory St, just to the east of Adelaide St... 0.7 km
Dragon Court Restaurant Meal takeaway 931 Oxford St E 0.8 km
CFB London Local Primary Reserve units were supported by Area... 0.9 km
Western Fair Organizers had hoped to use the Crystal Palace Bar... 0.9 km
The Royal Canadian Regiment Museum The Royal Canadian Regiment Museum is a military m... 1.0 km
The Royal Canadian Regiment Museum Museum 701 Oxford St E 1.0 km
Banting House in London, Ontario, Canada, it is the house where ... 1.1 km
Banting House National Historic Site Museum 442 Adelaide St N 1.1 km
Flame of Hope (diabetes) The Flame will only be extinguished when a cure fo... 1.1 km
Western Fair Establishment 316 Rectory Street 1.1 km
London Police Service Established in 1855 and renamed from the name Lond... 1.2 km
Similar Houses Stat in London
We have found 6 Houses that closely match the specifications of the property located at 933 Elias Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 809,900 and 884,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5W3P3 postal code area of London Ontario Canada.
933 Elias Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 933 Elias Street. The current price of the property is $699,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $559,920. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 20
Bachelor's degree 65
Certificate of Qualification 10
College 55
University degree at bachelor level or above 90

Neighbourhood Marital Status Stat

Married 115
Widowed 15
Divorced 40
Separated 25
Never married 140
Living common law 60
Married or living common law 170
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 15
1960 or before 195
Comparison of 933 Elias Street, London, ON with Nearby Houses
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Ingersoll 55 $996.443
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Stratford 95 $960.959
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Grand Bend 65 $917.268
Delhi 57 $888.513
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Milton 392 $1.813.979
Mississauga 1349 $1.338.960
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