$ 2,500,000
Ontario London East East London
4 Photos
1576 Caledonia Street, London East, ON N5W2W7 Photo 2
1576 Caledonia Street, London East, ON N5W2W7 Photo 3
1576 Caledonia Street, London East, ON N5W2W7 Photo 4

1576 Caledonia Street, London East

  • Bedrooms: 18
  • Bathrooms: 12
  • Added: 3 months ago
  • Updated: 3 months ago
  • Last Checked: 1 day ago
  • Listed by: THRIVE REALTY GROUP INC.
  • View All Photos

Listing description
This Other at 1576 Caledonia Street London East, ON with the MLS Number x12137351 listed by JAMES MCGUIRE - THRIVE REALTY GROUP INC. on the London East market 3 months ago at $2,500,000.

An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area. (id:1945)
Property Details Key information about 1576 Caledonia Street
  • Heating:
    • Hot water radiator heat
    • Natural gas
  • Structure Type: Other
  • Exterior Features: Brick
Interior Features Discover the interior design and amenities
  • Basement:
    • Separate entrance
    • N/A
  • Appliances:
    • Water meter
    • Intercom
    • Water Heater
Exterior & Lot Features Learn about the exterior and lot specifics of 1576 Caledonia Street
  • Water Source: Municipal water
  • Parking Features: No Garage
  • Lot Size Dimensions: 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3
Utilities & Systems Review utilities and system installations
  • Sewer: Sanitary sewer
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Nearby Listings Stat Estimated price and comparable properties near 1576 Caledonia Street

Active listings
1
Min Price
$2,500,000
Max Price
$2,500,000
Avg Price
$2,500,000
Days on Market
119 days
Sold listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A days

Nearby Places Nearby schools and amenities around 1576 Caledonia Street

Fanshawe College - London Campus (1.8 km)
1001 Fanshawe College Blvd, London

London District Christian Secondary School (3.2 km)
24 Braesyde Ave, London

Knights Inn London (0.7 km)
1739 Dundas St, London

East Side Mario's (1.7 km)
1915 Dundas St, London

Dragon Court Restaurant (2.7 km)
931 Oxford St E, London

Aeolian Hall (2.8 km)
795 Dundas St, London

Western Fair (2.8 km)
316 Rectory Street, London

Price History

May 9, 2025
by THRIVE REALTY GROUP INC.
$2,500,000
1576 Caledonia Street
More Details?
JAMES MCGUIRE
  • JAMES MCGUIRE
  • THRIVE REALTY GROUP INC.
  • 519-204-5055

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