626 First Street 404, London East, ON N5V 2A2 – London East – $389,900

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Description

This beautifully upgraded 3-bedroom, 2-bathroom apartment, located directly across from Fanshawe College, is perfect for investors, parents looking for a home for their son or daughter, or families seeking a spacious, well-thought-out layout. With each room potentially renting for $900-$1,000, the other two rooms can cover the mortgage, allowing your child to live rent-free. The unit boasts brand-new vinyl floors, a modern kitchen, and fresh paint throughout, offering a move-in-ready space. The added convenience of two full bathrooms makes it ideal for roommates or families. The building also offers added security features, including cameras throughout, controlled entry, and an onsite supervisor, ensuring peace of mind for all residents. Conveniently located just steps from a bus stop and close to grocery stores, restaurants, gyms, and other amenities, this unit is listed at an attractive price with great cash flow potential!!!

Property Details

• Bedrooms: 3
• Property Type: Residential Condo & Other
• List Price: $389,900
• Parking Spaces: 1
• Lot Size (sq ft): 34552.12
• Tax Year: 2024
• Annual Taxes: $1,873