ON > London South > South J
London South, ON N5Z 3H5,1020 Eagle DR
London South, ON N5Z 3H5,1020 Eagle DR
London South, ON N5Z 3H5,1020 Eagle DR
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$929,900
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8 Beds
4 Baths
New

1020 Eagle DR London South, ON N5Z 3H5

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision South J

MLS Listing ID X12170890

Style 2-Storey

Bedrooms 8

Annual Tax Amount $5,297

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Purpose-built all brick fourplex located on a quiet residential street in Glen Cairn Woods municipally known as 1018-1020Eagle Drive. Four two bedroom units have been remodeled with newer kitchens and bathrooms, laminate flooring and replacement windows in the past ten years. Roof shingles replaced in 2017. Lower unit at 1018 was rented at $924.00 and is currently vacant. Market rent would be in the $1,500-$1,600 range. Other rents-1018 upper at $1,000, 1020 lower at $969 and1020 upper at $1,250. Tenants also pay for separately metered electricity. Gross annual rent of $57,014.00 including coin laundry and net operating income of $41,526.62. Building has been very well maintained over the last 35 years by the current owner. Also, potential to sever the lot into three single family building lots of 40 feet each subject to municipal approval. Copy of rent roll including operating expenses, City Rental License and Surveyor's Certificate available upon request. Please allow fora 48 hour irrevocable.

Location

Province ON

County Middlesex

Community South J

Area Middlesex

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Water Heater, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle,Fibreglass Shingle

Topography Flat

Lot Frontage 120.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

Listed by RE/MAX CENTRE CITY REALTY INC.
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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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1020 Eagle DR

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