153 Godfrey Drive, London East (East D), Ontario N5V 2E8 (29052149)
153 Godfrey Drive London East, Ontario N5V 2E8
$1,525,000
Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable 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 $133,755 and an NOI of $95,570. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022. (id:60297)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12494880 |
| Property Type | Multi-family |
| Community Name | East D |
| ParkingSpaceTotal | 12 |
Building
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 5000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 124 Ft ,11 In |
| SizeFrontage | 83 Ft ,2 In |
| SizeIrregular | 83.21 X 124.98 Ft |
| SizeTotalText | 83.21 X 124.98 Ft |
| ZoningDescription | R9-2*h-12 |
https://www.realtor.ca/real-estate/29052149/153-godfrey-drive-london-east-east-d-east-d
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Avery Mellor
Salesperson
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November 25 2025 05:22:51
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