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$1,295,000
Available - For Sale
Listing ID: X12753882
77 Sterling Street , London East, N5Y 1Y6, Middlesex


Incredible opportunity for investors or live in with income opportunity!!! This brand new to be built, purpose built triplex features three spacious 2 bedroom open concept units with projected gross annual income of $79,200.00. Situated on a quiet street just 2 minute drive from Fanshawe College, minutes to down town and quick drive to Western University campus. This 3 unit plan features 3,197 sq ft in total lower level 1090 sq ft main level 1011 sq ft and Upper level 1096 sq ft it is also surrounded by many amenities such as Canadian Super Store, LCBO, restaurants, and bus routes. This location offers strong rental demand and minimal vacancy risk, great addition to anyone's investment portfolio. Great opportunity to pick tenants and set your own rent values with three vacant and ready to go units. Features of this build include exterior is finished with upgraded low maintenance vinyl board siding. Del windows, 9 ft ceilings and vaulted ceiling each unit features luxury vinyl plank flooring, making it ideal for rental wear and tear. All 3 units feature full set of stainless steel appliances, mechanical./storage room, separate high efficiency furnaces, tankless hot water tanks, 100 amp electrical panels, separate hydro meters and A/C. Plenty of parking with potential development at the rear of property. (Buyer to verify zoning details and permissions)
Price $1,295,000
Taxes: $0.00
Assessment Year: 2025
Occupancy: Vacant
Address: 77 Sterling Street , London East, N5Y 1Y6, Middlesex
Directions/Cross Streets: OXFORD STREET
Rooms: 12
Rooms +: 5
Bedrooms: 4
Bedrooms +: 2
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 12.79 10
Room 2 Main Living Ro 17.58 12.17
Room 3 Main Dining Ro 12.6 9.87
Room 4 Main Laundry 7.41 8.99
Room 5 Main Primary B 11.97 10.99
Room 6 Main Bedroom 2 12 10.99
Room 7 Lower Kitchen 11.91 9.97
Room 8 Lower Living Ro 20.99 11.87
Room 9 Lower Primary B 14.46 9.97
Room 10 Lower Bedroom 2 12.1 9.97
Room 11 Lower Laundry 5.77 2.98
Room 12 Upper Kitchen 12.79 9.97
Room 13 Upper Dining Ro 12.79 12.17
Room 14 Upper Living Ro 17.78 9.77
Room 15 Upper Primary B 11.97 10.07
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Lower
Washroom Type 3 3 Upper
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 3 Lower
Washroom Type 8 3 Upper
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 3 Main
Washroom Type 12 3 Lower
Washroom Type 13 3 Upper
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: New
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: New
Approximatly Square Footage: 2000-2500
Property Features: Library, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY
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At a Glance:
Type: Freehold - Triplex
Area: Middlesex
Municipality: London East
Neighbourhood: East G
Style: 2-Storey
Lot Size: x 177.02(Feet)
Approximate Age: New
Tax: $0
Maintenance Fee: $0
Beds: 4+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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