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
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ZONING
Zoning Code | R2-2 |