139 Godfrey Drive, London East (East D), Ontario N5V 2E8 (29052150)
139 Godfrey Drive London East, Ontario N5V 2E8
$1,700,000
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $141,291 with an NOI of $94,896. Attractive assumable financing available (approx. 2.69%, subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:60297)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12494896 |
| Property Type | Multi-family |
| Community Name | East D |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 12 |
Building
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 6000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 127 Ft |
| SizeFrontage | 75 Ft ,11 In |
| SizeIrregular | 75.97 X 127 Ft ; 126.01 X 123.55 X 128.00 X 75.97 |
| SizeTotalText | 75.97 X 127 Ft ; 126.01 X 123.55 X 128.00 X 75.97 |
| ZoningDescription | R9-2*h12 |
https://www.realtor.ca/real-estate/29052150/139-godfrey-drive-london-east-east-d-east-d
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Avery Mellor
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November 25 2025 05:22:51
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