822 MAITLAND
822 MAITLAND photo 2
822 MAITLAND photo 3
822 MAITLAND photo 4
822 MAITLAND photo 5
+44 more
$1,299,000

822 MAITLAND

London East (East B), Ontario, N5Y2W5

Active
9
Bedrooms
3
Bathrooms
5
Parking

About This Property

This 9-bedroom, 3-bathroom multi-family in London East (East B) is available for your consideration. The home features forced air, natural gas heating, central air conditioning, a full basement.

MLS Remarks

This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12712510

Interior

HeatingForced air, Natural gas
CoolingCentral air conditioning
AppliancesWater Heater
BasementFull

Exterior

Exterior FeaturesBrick, Vinyl siding

Parking

Total Spaces5

Fees & Taxes

Annual Taxes$1,860.8

Listing Information

MLS#: X12712510


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

Powered by REALTOR.ca DDF

Interested in this property?

Get in touch for a private showing or more details about this listing.

Request InformationFree Home Evaluation

Or call us directly

416-918-7814

Mortgage Calculator

$
$259,800
5%20%50%
Estimated Monthly Payment
$5,776
/month
Mortgage
$1,039,200
Total Interest
$693,663

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$22,455
Total Due on Closing$22,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

Back to all listings

Looking for Something Similar?

We can help you find properties matching your criteria, including exclusive listings not yet on the market.

822 MAITLAND London East (East B) — $1,299,000 — Not A Dream Realty | Not A Dream Realty