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147 Pond Mills Road Image 1

$3,300,000

May 26Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12172524

147 Pond Mills Road, London South, ON N5Z 3X3

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Average Price
330000000.0%
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

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About 147 Pond Mills Road

Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.

Home Overview

Last updated

May 26

Virtual tour

None

Basement information

Building size

5250

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by GLEED INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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