$2,225,000 | East H London East (east H) Other for Sale at 1576 Caledonia Street London East (east H)

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:6289)

Financial and Mortgage

List Price	$2,225,000
Previous Price	$2,500,000
Price Reduction	$275,000
Monthly Payment	$9,278/month Get Prequalified
Days on Website	171
Price per square foot	$445

1576 Caledonia Street Details

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Construction and Lot

Square Footage	5,000
Bedrooms	18
Bathrooms	12.00
Parking Spaces	16
Parking	No Garage
Has Basement	No
Basement	Separate entrance
Foundation	Concrete
Cooling	None
Exterior	Brick
Exterior Features	Landscaped
# of Stories	3
Features	Irregular lot size, Flat site, Lighting

Exterior of 1576 Caledonia Street

Type	Multi-family
View	View
Amenities	Public Transit, Schools, Separate Heating Controls
Features	Irregular lot size, Flat site, Lighting

Interior

Appliances	Intercom, Water Heater, Water meter
Fireplace	No

Measurements

Square Footage	5,000

East H Information

About East H in London East (east H)

Address	1576 Caledonia Street
Subdivision	East H
City	London East (east H)
Province	Ontario
Postal Code	N5W2W7
Amenities	Public Transit, Schools, Separate Heating Controls
Features	Irregular lot size, Flat site, Lighting
Office/Brokerage	THRIVE REALTY GROUP INC.

East H Map, Demographics, Characteristics

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See 1576 Caledonia Street and other East H homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12137351 1576 Caledonia Street in East H, London East (east H) Ontario, or fill out the form below. Looking for more East H homes for sale in London East (east H)? Our top London East (east H) real estate specialists are ready to help you buy or sell in the East H area. Contact us today!

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