$500,000
$534,900
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1524 MARDELL PL London, ON N5V 1W9
5 Beds
3 Baths
1,742 SqFt
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $287
Subdivision East H
MLS Listing ID X7467902
Sold Date 01/05/24
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $2,972
Tax Year 2022
Property Sub-Type Detached
Property Description
This FULLY LICENSED rental property has great cash flow with A+++ tenants of young professionals! Total cash flow is $3,500 ($650 x 3 and $675 x 1 and $625 x1- no car). All 5 bedrooms rented until August 31, 2024, see rent roll attached + $250/month for extra parking + garage. Garage has hydro. It has 2.5 bathrooms and is fully renovated. Roof is 2016 and water heater is owned. Great location close to Fanshawe college and the 401. Total annual GCI $42,000.
Location
Province ON
County Middlesex
Community East H
Area Middlesex
Zoning R1-6
Rooms
Family Room No
Basement Full
Kitchen 1
Separate Den/Office 2
Interior
Interior Features Water Heater Owned
Cooling Central Air
Laundry In Basement
Exterior
Exterior Feature Deck, Porch, Year Round Living
Parking Features Private Double, Other, Reserved/Assigned
Garage Spaces 1.0
Pool None
Community Features Major Highway, Public Transit
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 103.5
Exposure North
Total Parking Spaces 7
Building
Foundation Concrete Block
New Construction false
Others
Senior Community Yes
Security Features Smoke Detector
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