117 Wortley Road 117 Wortley Rd
6 Unit Apartment Building $1,109,359 USD ($184,893 USD/Unit) London, ON N6C 3P3
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $1,109,359 USD |
| Price Per Unit | $184,893 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 3,480 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1800 |
| Parking Ratio | 1.72/1,000 SF |
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
1 of 1
Bike Score®
Very Bikeable (81)
ZONING
| Zoning Code | R2-2 |
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