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$1,525,000
Ontario,London East (East D)
For Sale Active
153 GODFREY DRIVE, London East (East D), Ontario N5V2E8
  • 5,000 Sqft
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Basic Details
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 $134,166.96 and an NOI of $91,403.93. 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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12494880
  • Price: $1,525,000
  • Square Footage: 5,000 Sqft
  • Status: Active
  • Office Name: THRIVE REALTY GROUP INC.
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 291170
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, London East (East D), N5V2E8
  • Street: Godfrey
  • Street Number: 153
  • Street Suffix: Drive
  • Longitude: W82° 47' 15.4''
  • Latitude: N43° 1' 8.2''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: 83.21 x 124.98 FT
Financial
  • Tax Annual Amount: 15105
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Listing updated: 2026-01-22 13:52:40
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Listing Information
  • List Agent Key: 2216123
  • List Office Key: 291170
  • Modification Timestamp: 2026-01-01T23:35:59Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-01-01T23:20:40Z
Powered by REALTOR.ca
Listing updated: 2026-01-22 13:52:40
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