228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
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3,944 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,944 sqft

Subdivision East I

MLS Listing ID X12823036

Annual Tax Amount $7,026

Tax Year 2025

Property Sub-Type Investment

Property Description

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment.

Location

State ON

County Middlesex

Area Middlesex

Zoning R2-2

Rooms

Kitchen 0

Interior

Cooling Yes

Inclusions 4 sets of fridge, stove, washer dryer

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 60.0

Lot Depth 155.0

Building

Building Age 51-99

New Construction false

Others

ParcelsYN No


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Listed by SUTTON - JIE DAN REALTY BROKERAGE
Andrew Meyer

Andrew Meyer

Agent

+1(519) 831-4800

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228 BURNSIDE DR

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