39 Regina St 7 Unit Apartment Building $834,677 USD ($119,240 USD/Unit) 5.53% Cap Rate London, ON N5Y 3B6

INVESTMENT HIGHLIGHTS

  • Easily accessible.

EXECUTIVE SUMMARY

An exceptional investment opportunity, this bundle includes two separately deeded, three-storey freehold townhomes, offering a total of four rental units in a prime location. Each townhouse features a spacious 3-bedroom, 2-bathroom main unit and a separate 1-bedroom, 1-bathroom basement unit. Boasting rooftop patios, two dedicated parking spaces per townhouse, and a highly desirable location just minutes from downtown and Western University, these properties offer both strong rental income and long-term value. With one upper unit to be vacant as of 31 March, buyers have the flexibility to owner-occupy or secure a new tenant at market rent. All other units are at market rent. Dont miss this rare chance to acquire a high-performing multi-unit investment in a sought-after neighbourhood. Each is a spacious and bright downtown 3+1 bedroom, 3 bathroom townhouse with hardwood floors, dining room, eat in kitchen with patio door to deck, most new windows throughout and 3 king size bedrooms plus one in the lower level. Second floor laundry.

PROPERTY FACTS

Price $834,677 USD
Price Per Unit $119,240 USD
Sale Type Investment
Cap Rate 5.53%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 10,000 SF
No. Stories 3
Year Built 1990
Parking Ratio 0.4/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Fireplace
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

ZONING

Zoning Code R2-2
  • Listing ID: 34875946

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 39 Regina St, London, ON N5Y 3B6