Homes for sale - 635 Grand View AVE, London, ON N6K 3G1

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 899,900

Est. payment | -/mo

4 Beds

5 Baths

Save

$ 899,900

Est. payment | -/mo

Save

4 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision South K

MLS Listing ID X12048100

Style 2-Storey

Bedrooms 4

Building Age 31-50

Annual Tax Amount $5,420

Tax Year 2024

Property Sub-Type Triplex

Property Description

Wonderful opportunity for investors, multi-generational families and those looking for a mortgage helper in Byron, one of London's most coveted neighborhoods. The cap rate for the property is well above 7%. The main unit would rent between $3,000-$3,500/month based on recent comparables. Two one bedroom units in the basement are currently generating $2,480/month total in rent. Upstairs unit is a 4 bedroom, 3 bathroom home with generous sized rooms, breathtaking cathedral ceilings, built in appliances, a gourmet over-sized chefs fridge, brick fireplace, skylights, custom counter-tops, a gorgeous deck and more. The massive 2 car garage, ample storage throughout the home as well as extra space downstairs in the mechanical room add even more storage for the main unit. This amazing property is merely steps away from Boler Mountain, with the ski lift visible as you come around the bend to pull into home. Close-by parks like Scenic View and Grand View provide all sorts of activities for the outdoor and nature lover in you. With great neighborhood appeal to renters and very few options, this property rents easily and the basement residential units are currently rented below market value. Check out the pictures, take a 3D virtual tour and book your showing today.

Location

Province ON

County Middlesex

Community South K

Area Middlesex

Rooms

Family Room Yes

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, Built-In Oven, Central Vacuum, Countertop Range, Floor Drain, In-Law Suite, Storage, Sump Pump, Upgraded Insulation, Water Heater

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck, Lighting, Privacy

Parking Features Private Triple

Garage Spaces 2.0

Pool None

Roof Type Fibreglass Shingle

Topography Sloping,Wooded/Treed

Lot Frontage 52.0

Lot Depth 118.0

Total Parking Spaces 5

Building

Unit Features Fenced Yard,Park,School,Skiing,Sloping

Foundation Poured Concrete

Others

Security Features Smoke Detector,Carbon Monoxide Detectors

Listed by KELLER WILLIAMS LIFESTYLES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

635 Grand View AVE London, ON N6K 3G1