ON > London South > South J
London South, ON N5Z 3X3,147 Pond Mills RD
London South, ON N5Z 3X3,147 Pond Mills RD
London South, ON N5Z 3X3,147 Pond Mills RD
London South, ON N5Z 3X3,147 Pond Mills RD
London South, ON N5Z 3X3,147 Pond Mills RD
London South, ON N5Z 3X3,147 Pond Mills RD
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 3,300,000
Est. payment | /mo

5,250 SqFt

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$ 3,300,000
Est. payment | /mo
Save

5,250 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,250 sqft

Price per Sqft $628

Subdivision South J

MLS Listing ID X12172524

Annual Tax Amount $20,484

Tax Year 2024

Property Sub-Type Investment

Property Description

Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.

Location

Province ON

County Middlesex

Community South J

Area Middlesex

Zoning R5-4, R9-7, H38

Interior

Cooling Yes

Inclusions Stacking Washer & Dryer Unit (11), Refrigerator (11), Electric Range (11), Dishwasher (11), Built-in microwave (11)

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 102.0

Lot Depth 213.0

Listed by GLEED INC.
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"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

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147 Pond Mills RD