367 Huron Street, London, Ontario N6A 2K3 (28045885)
367 Huron Street London, Ontario N6A 2K3
$849,900
Attention Investors! Rare 6 bedroom investment property located in A+ location directly across from Kings College/UWO. This property is currently leased out for $6,734/month plus utilities and is perfect for investors looking for a turnkey property with strong cash flow. The current lease is from May 1, 2025 April 30, 2026 and generates $80,811/year in rental revenue, representing an impressive 8.7% CAP RATE at the current list price. This property has always been rented with ease based on the location and bedroom sizes and has never seen a vacancy since the owner has taken possession. The house includes 2 large bedrooms on the main level, 3 spacious bedrooms upstairs and 1 bedroom in the lower level. Each floor conveniently has a full bathroom and there is a large laundry room in the basement. Fantastic covered porch at front of home and deep private drive with single car garage provides for ample parking. The fully fenced backyard is great for entertaining and includes a custom built deck and large grass area perfect for activities. Recent updates include Roof (2020), 3 energy efficient ductless split units for heating & cooling (2019), Gas boiler updated (2012) and painting & lighting throughout. This property is conveniently located on a bus route and walking distance to UWO, Gibbons Park, Downtown London and the Masonville Mall district. (id:60297)
Property Details
| MLS® Number | X12029058 |
| Property Type | Single Family |
| Community Name | East B |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit |
| EquipmentType | Water Heater |
| Features | Carpet Free |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Deck, Porch |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 2 |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 145 Ft ,6 In |
| SizeFrontage | 40 Ft ,8 In |
| SizeIrregular | 40.7 X 145.5 Ft |
| SizeTotalText | 40.7 X 145.5 Ft |
| ZoningDescription | R1-4 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.378 m | 5.46 m | 3.378 m x 5.46 m |
| Second Level | Bedroom 3 | 3.78 m | 3 m | 3.78 m x 3 m |
| Second Level | Bedroom 4 | 4.55 m | 3.05 m | 4.55 m x 3.05 m |
| Second Level | Bathroom | 3 m | 2.82 m | 3 m x 2.82 m |
| Basement | Bathroom | 2.9 m | 1.12 m | 2.9 m x 1.12 m |
| Basement | Bedroom 5 | 3.35 m | 4.98 m | 3.35 m x 4.98 m |
| Main Level | Bedroom | 4.44 m | 4.09 m | 4.44 m x 4.09 m |
| Main Level | Bedroom 2 | 4.09 m | 3.99 m | 4.09 m x 3.99 m |
| Main Level | Dining Room | 4.09 m | 4.17 m | 4.09 m x 4.17 m |
| Main Level | Kitchen | 2.57 m | 6.27 m | 2.57 m x 6.27 m |
| Main Level | Bathroom | 1.68 m | 2.64 m | 1.68 m x 2.64 m |
https://www.realtor.ca/real-estate/28045885/367-huron-street-london-east-b
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Michael Pope
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March 25 2025 02:25:41
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