69 Oliver Street, London, ON, N5Z 2E8

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For Sale, ID#: 40331732
69 Oliver Street
London ON
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11 Beds
6 Bath
$1,390,000

Prime Real Estate Brokerage is pleased to present 69 Oliver Street. This purpose-built 3-storey walkup consists of five (5) spacious 2-bedroom units and one (1) large 1-bedroom unit and represents a highly demanded investment opportunity in London's east end. Concrete and brick construction makes this asset built to last. Significant room to increase rents, especially as the rental market continues to strengthen in London. With approximately 105% upside to market rents, step into this stable, cash-generating building, and add value through renovations as units turnover. The property features separately metered hydro which delivers a low operating expense ratio and will contribute to greater cashflow as rents are increased.

Representative
Mel Vetero
Mel VeteroSales Representative
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
Property Details
  • Property Address: 69 Oliver Street, London, ON, N5Z 2E8
  • Property Type: Residential Income
  • Zoning Description: R8-4
  • Acreage: 0.128
  • Sewage Type: Sewer (Municipal)
  • Water Type: Municipal-Metered
  • Driveway: Outside/Surface/Open, Outside/Surface/Open
  • Total Parking Spaces: 4
  • Waterfront Type: false
  • Maintenance Fee: 0.00
Structure Details
  • Storeys: 3
  • Building Age: 1958
  • Bedrooms: 11
  • Bathrooms: 6-Total
  • Basement Type: None, Unfinished
  • Cooling: None
  • Exterior Type: Brick, Block, Concrete
  • Appliances Included: Water Heater Owned, Dryer, Refrigerator, Stove, Washer
  • Structures: Multi-6-9 Unit
Amenities / Features
  • Coin Operated
  • Urban
  • Rectangular
  • Corner Lot
  • City Lot
  • Highway Access
  • Hospital
  • Library
  • Park
  • Public Parking
  • Public Transit
  • Quiet Area
  • Schools
  • Shopping Nearby
  • None
Neighbourhood Information

Listing Office: PRIME REAL ESTATE BROKERAGE

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69 Oliver Street, London, ON, N5Z 2E8

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