$419,000
Available - For Sale
Listing ID: X12086994
419 Ronald Stre , London, N5W 5B8, Middlesex
| Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you're looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5,800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity. |
| Price | $419,000 |
| Taxes: | $2721.00 |
| Occupancy: | Vacant |
| Address: | 419 Ronald Stre , London, N5W 5B8, Middlesex |
| Directions/Cross Streets: | Dundas St & Clarke Rd |
| Rooms: | 5 |
| Rooms +: | 4 |
| Bedrooms: | 2 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Full, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 12.4 | 11.32 | |
| Room 2 | Main | Bathroom | 5.25 | 7.51 | |
| Room 3 | Main | Primary B | 16.01 | 10.4 | |
| Room 4 | Main | Bedroom | 12.17 | 10.4 | |
| Room 5 | Main | Living Ro | 12.33 | 19.32 | |
| Room 6 | Lower | Living Ro | 10 | 16.99 | |
| Room 7 | Lower | Bedroom | 12.99 | 12.99 | |
| Room 8 | Lower | Bathroom | 6.43 | 2.98 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Lower |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 1 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | Inground |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RARE REAL ESTATE |
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|
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East H |
| Style: | 1 1/2 Storey |
| Tax: | $2,721 |
| Beds: | 2+1 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | Inground |
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