ON > London > East B
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
London, ON N6A 1W6,159 St James ST
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$1,198,000
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5 BD
6 BA
Active

159 St James ST London, ON N6A 1W6

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Max Seal

Max Seal

+1(647) 294-1177

UPDATED:

02/14/2025 03:03 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision East B

MLS Listing ID X10432559

Style 2-Storey

Bedrooms 5

Annual Tax Amount $8,738

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Fantastic investment opportunity! This well-maintained multiplex offers five units and is ideally located just steps from Downtown London and within walking distance to Western University. The property features an attached double-car garage with two parking spaces, plus the convenience of seven additional spots spread across two private driveways - plenty of parking for tenants. This property is running a %7.0 CAP rate in a phenomenal student area with the opportunity to increase the other 4 units rental income for an even higher CAP rate. Close to public transit, grocery stores, the scenic Thames River, and Gibbons Park, this prime location provides easy access to all amenities, making it highly attractive to both students and professionals. Don't miss out on this excellent chance to own a solid income-generating property in a sought-after area! **EXTRAS** Please see Sales Brochure URL for more photos and floor plans with all room measurements.

Location

State ON

County Middlesex

Community East B

Area Middlesex

Rooms

Family Room Yes

Basement Finished

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Other

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 66.0

Lot Depth 88.0

Total Parking Spaces 9

Building

Unit Features River/Stream,Park,Cul de Sac/Dead End,Hospital,School,Public Transit

Foundation Concrete

Others

Virtual Tour https://listings.tourme.ca/videos/019228fe-b6f0-72d0-9d72-d7204954fdcf

Listed by CENTURY 21 FIRST CANADIAN CORP

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agent

Max Seal

Broker

+1(647) 294-1177

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159 St James ST