$749,000
Available - For Sale
Listing ID: X8381976
12 CARTWRIGHT St , London, N6B 2W4, Ontario
| This hidden gem punctuates the neighbourhood in Historic Downtown Woodfield; a turnkey renovated completyely vacant three unit 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to six cars. Lord Roberts Public School and London Central Secondary School are within walking distance making this a perfect option as a mortgage helper family home featuring three spacious bedrooms, two full bathrooms, a full kitchen, along with a kitchenette and laundry in the back unit. The home also features a legal three bedroom upper apartment w/ separate entrance and dedicated laneway and a one bed and one bath private front unit making it as mentioned the perfect mortgage-helper or a solid investment opportunity. This property was operated as a succesful short term rental previously and would be well suited for an owner to occupy the upper or front unit and short term rent the main unit. It also presents the oppurtunity for an in demand midterm or long term rental with the flexibility to place profesionals, families or students. As Woodfield continues to develop and become a more and more souight after neighbourhood, secure your piece of history for the inevitable appreciation to come in the future. |
| Price | $749,000 |
| Taxes: | $4646.51 |
| Assessment: | $318000 |
| Assessment Year: | 2016 |
| Occupancy by: | Vacant |
| Address: | 12 CARTWRIGHT St , London, N6B 2W4, Ontario |
| Postal Code: | N6B 2W4 |
| Province/State: | Ontario |
| Legal Description: | S 1/2 LT 5 PLAN 31(E) LONDON |
| Lot Size: | 46.50 x 121.50 (Feet) |
| Directions/Cross Streets: | Travel East on Dufferin Avenue, Take a Left Onto Cartwright Street. The property will be on the East |
| Total Area: | 1895.92 |
| Total Area Code: | Sq Ft |
| Area Influences: | Park Public Transit |
| Financial Statement: | Y |
| Chattels: | Y |
| Insurance Expense: | $1600 |
| Management Expense: | 2791 |
| Heat Expenses: | $900 |
| Other Expenses: | $1260 |
| Operating Expenses: | $13027 |
| Net Income Before Debt: | $63000 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 4 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Sewers: | Sewers |
| Water: | Municipal |
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| EXP REALTY, BROKERAGE |
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Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East F |
| Lot Size: | 46.50 x 121.50(Feet) |
| Tax: | $4,646.51 |
| Maintenance Fee: | $1,890 |
| Baths: | 4 |
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