63 Cleveland Place London, Ontario N5Z 4T5

7 Bedroom 5 Bathroom 2500
Central Air Conditioning Forced Air


Enhance your investment portfolio with this ideal property! Featuring three distinct units, each boasting its own separate entrance, this brand-new triplex offers exceptional investment potential. Not only will it require minimal maintenance, but it also presents an excellent opportunity for house-hacking. Seize the opportunity presented by recent changes in city building requirements and make the most of this property. The main floor features a self-contained bachelor unit equipped with its own kitchen and full bathroom, accessible through a separate entrance. Additionally, a spacious two-bedroom unit can be found on the same floor. Moving to the second floor, you'll discover a complete home with four bedrooms, 2.5 bathrooms, a separate kitchen, and a dedicated laundry area. With today's market rents, this property has the potential to generate positive cash flow when fully occupied. Estimated Rents to be $65,000+ per year. Call for any questions! (id:39551)

Property Details

MLS® Number 40490694
Property Type Multi-family
Amenities Near By Hospital, Place Of Worship, Playground, Public Transit
Community Features School Bus
Features Cul-de-sac
Parking Space Total 8


Bathroom Total 5
Bedrooms Total 7
Appliances Garage Door Opener
Basement Type None
Cooling Type Central Air Conditioning
Exterior Finish Brick, Brick Veneer, Hardboard
Fireplace Present No
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 2
Size Interior 2500
Type Triplex
Utility Water Municipal Water


Attached Garage


Acreage No
Land Amenities Hospital, Place Of Worship, Playground, Public Transit
Sewer Municipal Sewage System
Size Frontage 37 Ft
Size Irregular 0.38
Size Total 0.38 Ac|under 1/2 Acre
Size Total Text 0.38 Ac|under 1/2 Acre
Zoning Description R1-4



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