Property Details

50 RIDOUT Street S, London, Ontario, N6C3W6

50 RIDOUT Street S, London, Ontario, N6C3W6 (ID 40239641)
Representative
Trudy Bustard portrait
Trudy Bustard
Broker of Record
Oliver and Associates Trudy & Ian Bustard Real Estate Brokerage Inc.
Cell: 519-854-8125
Tel: 519-238-6023
Toll free: 877-538-6023

$11,650,000 - For sale

ID#:40239641

Once in a generation property A+ Asset for Sale. This Triple Brick 36 Unit building (12 X 1+Den and 24 X 1 Bed) has Terazzo Floors. New Roofs on all 3 buildings plus garage while backing onto the Thames River. Building lot line goes right to the river and comes with 4 Full Detached garages. A Block from Wortley Village, 2 blocks from Downtown with bus stop outside. Building has always been fully tenanted and has a wait list. 52% of the building has been turned over with single professionals to market rent over the last 7 years. Building Nets 340k annually with potential of well over 500k with Airbnb. 3% Cap. Den size in 1+Den are 7 X 6. Electrical copper. Plumbing Feed lines copper. Owner will carry a 10% VTB if required. (id:2471)

Location DescriptionHorton St E to Ridout St S, located on corner of Ridout St S and Carfrae St

Property Details
  • Property Address:50 RIDOUT Street S, London, Ontario, N6C3W6
  • Property Type:Other
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
  • Access:Road access
  • Driveway:Detached Garage
Structure Details for 50 RIDOUT Street S, London, Ontario, N6C3W6
  • Building Age:1940
  • Heating Type:Natural gas, Radiant heat
  • Style:Detached
  • Storeys:3
  • Basement Type:Partial (Unfinished)
  • Cooling Type:None
  • Exterior Type:Brick
Amenities for 50 RIDOUT Street S, London, Ontario, N6C3W6 Laundry- Coin operated
Representative
Trudy Bustard portrait
Trudy Bustard
Broker of Record
Oliver and Associates Trudy & Ian Bustard Real Estate Brokerage Inc.
Cell: 519-854-8125
Tel: 519-238-6023
Tollfree: 877-538-6023
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: THRIVE REALTY GROUP INC.

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.


Loading...

50 RIDOUT Street S, London, Ontario, N6C3W6

* not intended to solicit those currently under contract. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate ยป