For Sale

77 Sterling Street

East G, London East, ON, N5Y 1Y6

$975,000

Bedrooms6
Bathrooms3
Property typeDuplex / Multiplex
Parking3
BasementApartment, Finished with Walk-Out, Separate Entrance, Full, Finished
Approx. sizethumbnail
Lot37 × 177 Feet

About this property

Take advantage of the HST Rebate pricing now!!! Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $75,000.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 2286 sq ft on main and upper unit and 831 sq ft in lower unit for a total of 3117 sq ft . It is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes and rapid transit corridor. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)

Features

  • Air Exchanger
  • Carpet Free
  • In-Law Capability
  • In-Law Suite
  • Water Heater

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Need Help Buying This Property? Contact Nili

Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.

Listing information

Listing brokerage: ROYAL LEPAGE TRILAND REALTY

Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.

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