1576 Caledonia Street, London East, ON N5W 2W7
London East
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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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 1576 Caledonia Street, London East, ON N5W 2W7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12137351
Listed by THRIVE REALTY GROUP INC.
On market since May 9, 2025
1576 Caledonia Street, London East, ON N5W 2W7 is listed for $1,750,000 CAD.
1576 Caledonia Street, London East, ON N5W 2W7 has 18 bedrooms and 12 bathrooms.
1576 Caledonia Street, London East, ON N5W 2W7 is a Multiplex.
1576 Caledonia Street, London East, ON N5W 2W7 is in London East, Ontario.
1576 Caledonia Street, London East, ON N5W 2W7 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 1576 Caledonia Street, London East, ON N5W 2W7 (MLS# X12137351). You can also send a message through the contact form on this site.
