35,898 sqft
Fully Air Conditioned
Hot Water
Acreage
$13,250,000
Prime Investment Opportunity - To be built-15-Unit Multifamily Condo Portfolio. A rare chance to acquire 15 duplex-style condos in a single closing, with delivery targeted for May 2027. This turnkey project offers immediate scale, strong rental potential, and lasting asset appreciation. The 15 units total 49,650+ sq ft across four levels, each around 3,310+ sq ft with two kitchens, two living areas, two laundry spaces, and six bedrooms, ideal for large or multi-generational households and premium tenants. Each unit can yield two rental incomes, maximizing revenue while keeping maintenance low with modern finishes. Per unit: lower level with 2 beds and bath; first floor with gourmet kitchen, eating area, bright living room, powder room, and in-suite laundry. Upper level with large kitchen, pantry, dining area, living room, and a 2-piece bath; third floor with four generous sized bedrooms- including a primary suite with private ensuite, plus an additional full bath and laundry. Investment highlights include turnkey, high-quality construction, single closing for easier financing, and potential for 30+ rental streams when optimized. A flexible strategy-hold for cash flow, build long-term equity, or resell units-supports diversification and long-term stability. Location is excellent-minutes to the 401, London Hospital, on a bus route, close to schools, shopping centers, and amenities, offering convenience for tenants and strong investor appeal. Request full financial projections, schedule a site tour and review subdivision. (id:63476)
Business
|
Business Type |
Residential |
|
Business Sub Type |
Apartments |
Property Details
|
MLS® Number |
X13491868 |
|
Property Type |
Multi-family |
|
Community Name |
South S |
|
Amenities Near By |
Public Transit |
|
Equipment Type |
Water Heater |
|
Rental Equipment Type |
Water Heater |
Building
|
Appliances |
Dishwasher, Dryer, Two Washers |
|
Cooling Type |
Fully Air Conditioned |
|
Heating Type |
Hot Water |
|
Size Interior |
35,898 Sqft |
|
Type |
Multi-family |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
Yes |
|
Land Amenities |
Public Transit |
|
Size Depth |
275 Ft ,8 In |
|
Size Frontage |
130 Ft |
|
Size Irregular |
35898 |
|
Size Total |
35898 Ac |
|
Size Total Text |
35898 Ac |
|
Zoning Description |
(h-17*r5-7(35) &(os5) |