389 Dufferin Avenue, London East, ON N6B 1Z5
London East , N6B 1Z5
$999,900.00
6 Bedrooms
4 Bathrooms
Residential Freehold
Property Details
| MLS Number | X12638762 |
| Property Type | Residential Freehold |
| City | London East |
| City Region | East F |
| Postal Code | N6B 1Z5 |
| Cross Street | Colborne St and Dufferin Ave |
| Street Number | 389 |
| Street Name | Dufferin |
| Lot Width | 33 ft |
| Lot Depth | 100 ft |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Annual Tax | $6,152.00 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
Welcome to 389 Dufferin Avenue, a fully renovated four unit residential building located in the heart of Woodfield and only minutes from downtown London. The property features six bedrooms and four bathrooms across four well maintained units. One unit is currently vacant and ready for a new tenant at full market rent, or an owner occupied unit. Additional features include a rear storage room and separately metered electrical for all units. The property is zoned R3 1 and OC4, offering versatility and long term flexibility. The building offers strong financial performance with a projected annual income of $70,200 and a net operating income of $53,879. One unit remains below market rent, creating an opportunity to further improve revenue. A well located, turnkey asset in one of London's most desirable neighbourhoods.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads