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228 Burnside Drive London East (East I), ON

$1,199,900
|
9 Beds
|

PROPERTY INFO

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:4555)

PROPERTY SPECS

Listing ID X12823036
Address 228 BURNSIDE DRIVE
City London East (East I), ON
Price $1,199,900
Bed 9
Land Size 60 x 155 FT
Type Multi-Family
Status For sale

EXTENDED FEATURES

Appliances Dryer, WasherParking 6Amenities Nearby Highway, Public TransitEquipment Water HeaterRental Equipment Water HeaterCooling Fully air conditionedHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2026-02-26 19:01:26Days on Market 11Parking 6
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Sutton Jie Dan Realty Brokerage, Faisal Anwar
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