117 Wortley Rd - Apartments FOR SALE


London, ON N6C 3P3
$1,590,000 CAD
519-671-1233
117 Wortley Rd, London, ON for Sale
$1,590,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

117 Wortley Rd
London, ON N6C 3P3


OVERVIEW

Investment opportunity: Building converted to house 6 apartment suites in historic Wortley Village, in the premier Old South neighborhood of London. Units consist of 1 studio, 3 one-bed, 1 two-bed and 1 three-bed suites. Surface parking for about 8 cars, bicycle parking, in house coin operated washer and dryer with one suite having in-suite laundry. Located within walking distance to shopping, restaurants and cafes, parks, transit, schools, and churches. Walk to the heart of Wortley, 20-minute walk / 5-minute drive to downtown London. Landscaped property with plenty of outdoor amenity space. Rents are plus personal electricity, and two tenants pay personal use natural gas for kitchen appliances. This Victorian style building fits well in the neighborhood and is a listed heritage property within the Wortley Village-Old South Heritage Conservation District.

FOR SALE DETAILS

PRICE

$1,590,000 CAD

PRICE/SF

$457 CAD /SF

# OF UNITS

6

PRICE/UNIT

$265,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

117 Wortley Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1800

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lisa LansinkColliersMore Info
519-671-1233

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Lisa LansinkColliersMore Info
519-671-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.