512 WILLIAM ST new Save Request In-Person Tour Request Virtual Tour
London East,ON N6B 3E6
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision East F
MLS Listing ID X12397125
Style 3-Storey
Bedrooms 9
Building Age 51-99
Annual Tax Amount $9,220
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Nestled in the heart of London, this 6 unit apartment building combines prime downtown convenience with charming historic character. Just steps from vibrant shopping, cafe's, and public transit. This property features 3 spacious 2-bedroom suites and 3 cozy 1-bedroom suites. 5 units enjoy abundant natural light and functional layouts, making them highly desirable for young professionals, small families or students seeking easy access to everything London has to offer. The classic brick façade is complemented by a covered front porch creating an inviting streetscape and exceptional curb appeal. Inside, timeless architectural details shine throughout. Rich hardwood floors (in most units) flows under beautifully maintained wood mouldings, whole high ceilings enhance the sense of space. Some kitchens and bathrooms have been thoughtfully updated to blend modern conveniences with period style. At the rear, a private parking lot accommodates all six tenants, ensuring hassle-free vehicle access in this bustling downtown setting. Currently the main floor unit has two parking spaces. This property not only captures old world warmth but also promises a solid, turn-key rental income with the perfect opportunity for an owner occupied 2 bedroom spacious main floor unit. Allowing for 5 units to cover all the mortgage payments. Gross income over $76,000 a year. Projected market rents over $100,000.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Rooms
Family Room No
Basement Partially Finished
Kitchen 6
Interior
Interior Features Storage,Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck,Landscaped,Porch
Parking Features Private
Pool None
Waterfront Description None
Roof Type Slate
Topography Flat
Lot Frontage 40.1
Lot Depth 135.21
Total Parking Spaces 6
Building
Unit Features Hospital,Park,Place Of Worship,School,Public Transit
Foundation Concrete
New Construction false
Others
Security Features Carbon Monoxide Detectors,Smoke Detector