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93 High Street — Multiplex

Sold

London South, ON N6C 4J8

25 Bath · Multiplex

MLS #X10408524

$3,925,000

Sold on April 10, 2025

April 10, 2025

Originally listed at $4,500,000 139 days on market

About This Property

This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!

Property Details

Bathrooms

25

Property Type

Multiplex

StyleOther
Lot Size50 291 ft
Frontage49.7 ft
Depth291.0 ft
GarageNone
HeatingWater
Parking Spaces25
Listed OnNov 4, 2024
Property Tax$44,866/year

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Price History

Original List Price

$4,500,000

Listed on Nov 4, 2024

Sold Price

$3,925,000

Sold on Apr 10, 2025

-$575,000

-12.8%

139 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeMultiplex
StyleOther
Lot Size50 × 291 ft
Frontage49.7 ft
Depth291.0 ft
GarageNone

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About 93 High Street, London South, ON N6C 4J8

93 High Street, London South, ON N6C 4J8 is a 0-bedroom, 25-bathroom other multiplex, situated on a 50 291 foot lot. This property is currently sold (sold for $3,925,000). The home features a none garage.

South F Neighbourhood

This home is located in South F, part of London South in the Middlesex area. Explore more homes for sale and recently sold properties in this neighbourhood.

Whether you are looking to buy, sell, or lease in South F, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.

93 High Street, London South, ON N6C 4J8

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