367 HURON STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N6A2K3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $566
Subdivision East B
MLS Listing ID X12029058
Bedrooms 6
Originating Board London and St. Thomas Association of REALTORS®
Property Sub-Type Freehold
Property Description
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:24570)
Location
State ON
Rooms
Kitchen 1.0
Extra Room 1 Second level 3.378 m X 5.46 m Primary Bedroom
Extra Room 2 Second level 3.78 m X 3 m Bedroom 3
Extra Room 3 Second level 4.55 m X 3.05 m Bedroom 4
Extra Room 4 Second level 3 m X 2.82 m Bathroom
Extra Room 5 Basement 2.9 m X 1.12 m Bathroom
Extra Room 6 Basement 3.35 m X 4.98 m Bedroom 5
Interior
Heating Hot water radiator heat
Cooling Wall unit
Exterior
Parking Features Yes
Fence Fenced yard
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Virtual Tour https://my.matterport.com/show/?m=jyWayEL4tHL