50 Irwin Street London North (North K), Ontario N5G 1C8
$1,197,000
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential. (id:43681)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X13769516 |
| 房源类型 | Multi-family |
| 社区名字 | North K |
| 附近的便利设施 | 公共交通 |
| 设备类型 | 热水器 |
| 总车位 | 7 |
| 租赁设备类型 | 热水器 |
详 情
| 浴室 | 5 |
| 总卧房 | 4 |
| 家电类 | 洗碗机, 烘干机, 洗衣机 |
| 空调 | 没有 |
| 供暖方式 | 天然气 |
| 供暖类型 | Hot Water Radiator Heat |
| 内部尺寸 | 3069 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | 公共交通 |
| 土地深度 | 117 Ft |
| 土地宽度 | 48 Ft ,9 In |
| 不规则大小 | 48.8 X 117 Ft ; 48.8 X 117 |
| 规划描述 | R2-3(2) |
https://www.realtor.ca/real-estate/30262843/50-irwin-street-london-north-north-k-north-k
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage
September 10 2026 10:54:54
