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)
房源概要
| MLS® Number | X13769512 |
| 房源类型 | Multi-family |
| 社区名字 | North K |
| 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 |
| 地上卧房 | 8 |
| 地下卧室 | 3 |
| 总卧房 | 11 |
| 家电类 | 洗碗机, 烘干机, 炉子, 洗衣机, 冰箱 |
| 地下室类型 | Full |
| 空调 | 没有 |
| 外墙 | 砖 |
| 壁炉 | 有 |
| Fireplace Total | 4 |
| 地基类型 | 混凝土 |
| 供暖方式 | 天然气 |
| 储存空间 | 2 |
| 内部尺寸 | 3000 - 3500 Sqft |
| 类型 | Other |
| 设备间 | 市政供水 |
车 位
| Detached Garage | |
| Garage |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 117 Ft |
| 土地宽度 | 48 Ft ,9 In |
| 不规则大小 | 48.8 X 117 Ft |
| 规划描述 | R2-3(2) |
https://www.realtor.ca/real-estate/30262842/50-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 11 2026 01:54:59
