N5W2M7 Real Estate

Welcome to the vibrant community of London, Ontario, specifically the charming area encompassed by the zip code N5W2M7. Nestled in the heart of this dynamic city, this neighborhood offers a delightful blend of convenience, culture, and community spirit, making it an ideal place to call home.

One of the standout features of N5W2M7 is its accessibility. With major roadways and public transport options nearby, residents enjoy easy commutes to downtown London and surrounding areas. This connectivity makes it perfect for professionals and families alike, allowing for a harmonious balance between work and leisure.

The neighborhood is rich in amenities, boasting a variety of local shops, restaurants, and parks. Whether you’re indulging in a cozy café or exploring the scenic walking trails, there’s always something to enjoy. The community spirit is palpable, with friendly neighbors and local events that foster a sense of belonging. Families will appreciate the proximity to reputable schools and recreational facilities, ensuring that children have access to quality education and leisure activities.

Nature enthusiasts will love the nearby green spaces, perfect for weekend picnics or evening strolls. The area's parks are well-maintained, providing a serene escape from the hustle and bustle of city life.

In summary, N5W2M7 in London, Ontario, is not just a place to live; it’s a community where you can thrive. With its inviting atmosphere, excellent amenities, and strong sense of community, this zip code represents a wonderful opportunity for those looking to settle in a welcoming and vibrant environment. Come and discover the charm of N5W2M7 today!

$549,900

4 Beds ⋅ 3 Baths ⋅ X13589054 MLS® #

Exceptional Investment Opportunity - Legal Triplex with Strong Cash Flow & Future Upside! Own a fully legal two-storey triplex on a rare 37.09 ft x 168.63 ft lot in one of London's rapidly growing neighbourhoods. Certified by the City of London, this income-producing property offers immediate cash flow, low operating costs, and excellent long-term appreciation potential. Currently generating $3,289/month from the main floor ($1,689) and upper unit ($1,600 including parking), with only the basement unit remaining to be leased at $1,350/month, bringing the projected gross rental income to approximately $4,639/month ($55,668 annually). Property taxes are only $2,716/year, making this an attractive opportunity for investors. The impressive 168-foot-deep lot provides added privacy and future development potential, subject to municipal approvals. Ideally located with a bus stop at the doorstep and within walking distance to the Hard Rock Hotel, casino, restaurants, shopping, and entertainment district, this high-demand location continues to attract quality tenants. Major updates include a waterproofing membrane around the foundation (2021), interior drainage system, exterior painting, soundproofing between the main and upper floors, and a renovated main-floor kitchen (2022).Additional features include separate entrances, separate hydro meters, four parking spaces, coin-operated laundry for extra income, and a private tree-lined backyard with a paved patio and fire pit. Whether expanding your portfolio or purchasing your first investment property, this well-maintained legal triplex offers strong income, excellent upside, valuable updates, and outstanding long-term investment potential. (id:5764)

1071.5 Florence Street, London East (East M)

Listing courtesy of RIGHT AT HOME REALTY.

N5W2M7 Real Estate

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