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$1,199,900
Ontario,London East (East I)
For Sale Active
228 BURNSIDE DRIVE, London East (East I), Ontario N5V1B9
  • 9
  • 3,944 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12823036
  • Price: $1,199,900
  • Bedrooms: 9
  • Square Footage: 3,944 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 274590
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, London East (East I), N5V1B9
  • Street: BURNSIDE
  • Street Number: 228
  • Street Suffix: Drive
  • Longitude: W82° 50' 11.1''
  • Latitude: N42° 59' 37.6''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 60 x 155 FT
Financial
  • Tax Annual Amount: 7026.36
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Listing updated: 2026-03-21 06:50:39
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Listing Information
  • List Agent Key: 1683175
  • List Office Key: 274590
  • Modification Timestamp: 2026-03-03T20:30:37Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-03-03T20:22:22Z
Powered by REALTOR.ca
Listing updated: 2026-03-21 06:50:39
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