593 Talbot St

, London

, N6A 2T2

$1,299,900

10 Bed
5 Bath
4532 ft2

2-Storey House for Sale. Huge investment opportunity! 2 sides of a semi, 593 and 595 talbot street, being sold together. Prime downtown location. When we say turnkey, we mean it: 2021 esas, 2021 fire inspections, licensed with the city of london, completely rented until april 30th 2022. Between both semis, there are 10 bedrooms, 5 bathrooms, 2 kitchens, parking for 6. New,... fixed term leases beginning may 1st 2021: 593 talbot is rented may 1st 2021 to april 30th 2022 for $650 x 5 bedroom ($3,250/unit) plus utilities. 595 talbot $600 x 5 bedroom ($3,000/unit) plus utilities (returning group for 3rd year there: rented under current market value. ) that is a yearly income of $75,000. Landlord pays property tax and insurance only. No vacancies in the past 6 years. Water tanks are owned. Well-kept property with many updates over the years: steel roof (2016), 2 rear exterior doors (2016), fence along rear of parking lot (2018), brick repointing (2019), rear eavestroughs (2021), custom front railings (2021). #593 interior updates: kitchen (2016), laundry room (2016), new main level flooring (2018), upstairs bathroom (2019), 2 windows (2020), several light fixtures (2021). #595 interior updates: main floor bath (2018), laundry room (2018), newer dishwasher, washer, and dryer. Zoned oc4 r3-1 : office conversion zone & residential r3. This is a great investment to add to any portfolio!

Price
1299900.00
MLS #
40091920
Type
House
Style
2-Storey
Bedrooms
10  (10+0)
Bathrooms
5  (4/1)
Year Built
1880
Basement
Partial (Unfinished)
Square Feet
4,532
Lot Size
45' x ?
Pool
No
Parking

Heating
Other
Cooling
Fuel
Fireplace
No
Foundation
Brick
Exterior
Brick
Materials
Structures
Porch
Square Feet
4,532
Items Rented
None
Fencing
Partially fenced
Landscaping
Amenities
Protection
Smoke Detectors
Features
Park setting, Park/reserve, Paved driveway, Sump Pump
Inclusions

Lot Size
45' x ?
Acreage
under 1/2 acre
Zoning
OC4 R3-4
Nearby
Hospital, Park, Public Transit, Shopping
Water
Municipal water
Sewer
Municipal sewage system
Access
Road access, Rail access
# of Parking
6 spaces
Directions
South On Talbot Street From Oxford St E. Just South Of Central Ave On The West Side Of The Street.
DowntownCentral LondonLondon

Main Level
4Pc Bathroom
8'70" x 5'20"
Laundry Room
10'20" x 9'80"
Family Room
13'80" x 11'0"
Bedroom
11'30" x 9'90"
Bedroom
13'20" x 9'90"
Bedroom
14'70" x 13'20"
Bedroom
13'10" x 12'60"
Bedroom
14'40" x 13'10"
2Pc Bathroom
5'0" x 4'50"
3Pc Bathroom
9'20" x 2'90"
Laundry Room
13'50" x 9'10"
Living Room
13'80" x 13'70"
Kitchen
16'60" x 13'50"
Second Level
3Pc Bathroom
8'10" x 7'90"
Dining Room
15'10" x 13'0"
Kitchen
14'50" x 9'10"
Bedroom
13'30" x 10'90"
Bedroom
39'8" x 39'8"
5Pc Bathroom
9'70" x 7'50"
Den
9'70" x 9'70"
Bedroom
13'40" x 10'60"
Bedroom
13'60" x 12'90"
Bedroom
20'80" x 12'11"

No Open Houses Scheduled.

Date Listed
2021-04-05
Brokerage
The Realty Firm Inc.