117 Wortley Road 117 Wortley Rd

6 Unit Apartment Building $1,105,318 USD ($184,220 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 $1,105,318 USD
Price Per Unit $184,220 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
Bike Score®
Very Bikeable (81)

ZONING

Zoning Code R2-2
  • Listing ID: 31459206

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 117 Wortley Rd, London, ON N6C 3P3