ON > London East > East D
London East, ON N5V 2E8,153 Godfrey DR
London East, ON N5V 2E8,153 Godfrey DR
London East, ON N5V 2E8,153 Godfrey DR
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$1,525,000
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153 Godfrey DR London East, ON N5V 2E8

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Subdivision East D

MLS Listing ID X12494880

Annual Tax Amount $15,105

Tax Year 2025

Property Sub-Type Investment

Property Description

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $133,755 and an NOI of $95,570. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.

Location

Province ON

County Middlesex

Community East D

Area Middlesex

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 83.21

Lot Depth 124.98

Others

ParcelsYN No

Listed by THRIVE REALTY GROUP INC.
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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153 Godfrey DR

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