New Listing
$875,000
 $4,697 est/mo Sourced by Back At You

581 William Street S,London East (East B), ON N6B3E8

London East (East B), ON N6B3E8

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Description

Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced (id:13843)

Details

MLS #X14129506
Listing TypeFor Sale
StatusActive
Days On Site5
Listing Provided ByNU-VISTA PINNACLE REALTY BROKERAGE INC | PAUL KASH

Features

SQ Feet3,200
ZoningR3-2

Interior

CoolingNone
HeatingBaseboard heaters
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount14445

Area Information

ProvinceON
CityLondon East (East B)
Postal CodeN6B3E8
Listing VS Median (in N6B3E8)
Price:
$875,000
low | high
Med:
$725,000
67.142857142857% of Average
sqft:
3,200
low | high
Med:
2,150
82.8125% of Average
$ / sqft:
$273
low | high
Med:
$398
4.415584415584% of Average
On site:
5
low | high
Med:
8.5
58.823529411765% of Average
Sourced by Back At You

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Learn More About This Property

ROSEMARIE WALLACE

ROSEMARIE Victoria WALLACE

Sutton Group - Quantum Realty Inc- Brokerage

Sales Representative, Représentant immobilier (416) 845-8345rwallace@sutton.com
ProvinceON
CityLondon East (East B)
Postal CodeN6B3E8
Listing VS Median (in N6B3E8)
Price:
$875,000
low | high
Med:
$725,000
67.142857142857% of Average
sqft:
3,200
low | high
Med:
2,150
82.8125% of Average
$ / sqft:
$273
low | high
Med:
$398
4.415584415584% of Average
On site:
5
low | high
Med:
8.5
58.823529411765% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $656K - $1.093M
sqft: 2,000 - 4,000
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602 DUFFERIN AVENUE Property Photo 1
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London East (east F), ON N5Y3G5
471 DUNDAS STREET Property Photo 1
$999,900
471 Dundas Street
London East (east K), ON N6B1W1
Listing Updated: October 29, 2026 at 12:09:56 PM PDT