1238 Limberlost Rd #40

, London

, N6G 3A5

$499,900

3 Bed
2 Bath
1114 ft2

2-Storey Townhouse Condo for Sale. If youve been looking for the right opportunity to acquire an income property, this 3 bedroom, 1. 5 bath townhome is in an outstanding rental-friendly location close to shopping, schools, and transit with a short commute to western. Even better? It already has long-term tenants on a month-to-month lease and a proven rental income history. Filled wi... th light, the main level offers an updated kitchen with lots of workspace (newer cabinets, pot lights, and stainless appliances) and dining area that overlook a large living room a half-level down, with laminate flooring throughout. The upper floor has three nice-sized bedrooms and a 4 pc main bath to complement the 2 pc powder room on the main. The basement is finished and could be used as a small rec room or office space, with access to a laundry centre. The living room offers walkout access to a large rear deck and a yard, and the attached single car garage provides additional storage. Located within walking distance to sherwood forest mall and on prime transit routes, tenants love this neighbourhood and the fact that groceries, restaurants, services, and shopping are all nearby. Its also located a short bus ride to western and within walking distance to elementary and secondary schools, attracting students and families alike, keeping your prospective tenant pool as broad as possible. Tenants are currently paying $1,700 plus utilities. Reasonable condo fees include water. This is an outstanding income property with an immediate revenue stream in one of the best rental locations in the city: dont wait!

Price
499900.00
MLS #
40240047
Type
Townhouse Condo
Style
2-Storey
Bedrooms
3  (3+0)
Bathrooms
2  (1/1)
Year Built
1982
Basement
Full (Partially finished)
Square Feet
1,114
Lot Size
Pool
No
Parking
Attached Garage
Parking (2)
Visitor Parking
Parking (3)
Condo Fees
$400.00 Monthly
Includes
Insurance, Property Management, Water

Heating
Forced air
Cooling
Central air conditioning
Fuel
Natural gas
Fireplace
No
Foundation
Poured Concrete
Exterior
Aluminum siding, Brick, Vinyl siding
Materials
Structures
Square Feet
1,114
Items Rented
Water Heater
Fencing
Landscaping
Amenities
Protection
Features
Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer

Lot Size
Acreage
under 1/2 acre
Zoning
R5-4
Nearby
Hospital, Playground, Schools
Water
Municipal water
Sewer
Municipal sewage system
Access
# of Parking
2 spaces
Directions
Main Intersection Is Wonderland Rd N And Gainsborough Rd.
MedwayNorthwest LondonLondon

Basement
Utility Room
4'1" x 16'8"
Storage
7'0" x 3'1"
Recreation Room
6'3" x 12'9"
Second Level
2Pc Bathroom
Kitchen
9'10" x 11'6"
Living Room
14'1" x 16'7"
Third Level
4Pc Bathroom
Bedroom
10'11" x 8'2"
Bedroom
14'7" x 8'1"
Primary Bedroom
11'4" x 14'2"

No Open Houses Scheduled.

Date Listed
2022-04-25
Brokerage
Team Glasser Real Estate Brokerage Inc.