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$1,900,000
Ontario,London East (East H)
For Sale Active
1576 CALEDONIA STREET, London East (East H), Ontario N5W2W7
  • 18
  • 12
  • 5000 - 100000Square Feet
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Basic Details
Description

An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access

to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12137351
  • Price: $1,900,000
  • Bedrooms: 18
  • Bathrooms: 12
  • View: View
  • Square Footage: 5000 - 100000 Sqft
  • Status: Active
  • Office Name: THRIVE REALTY GROUP INC.
  • Property Sub Type: Multi-family
  • Office Key: 291170
Features & Appliances
Features
  • Cooling System: None
  • Basement: Separate entrance, N/A
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, London East (East H), N5W2W7
  • Street: Caledonia
  • Street Number: 1576
  • Street Suffix: Street
  • Longitude: W82° 48' 25.1''
  • Latitude: N42° 59' 56.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 97 FT ; 110.52 ft x 182.45 ft x 97.24 ft x 162.3
  • Stories: 3.0
Financial
  • Tax Annual Amount: 23204.22
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Listing updated: 2026-02-23 17:33:10
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Listing Information
  • List Agent Key: 1993360
  • List Office Key: 291170
  • Modification Timestamp: 2026-02-13T21:40:16Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-02-13T21:21:08Z
Powered by REALTOR.ca
Listing updated: 2026-02-23 17:33:11
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