Sidebar Fav/

Rare investment opportunity to own an impressive 4 unit townhouse complex situated at the end of a quiet & desirable Northwest London crescent. This completely turnkey property has been meticulously maintained by the current owners for 22 years and is attractive to students, families and young professionals due to its close proximity to UWO, UH, fantastic shopping & restaurants, highly ranked schools and bus routes. All 4 units are very large - each featuring an open layout with soaring 9’ ceilings in the living room, private fully fenced patio, eat-in kitchen, formal dining room, 3 spacious bedrooms and 1.5 baths including a huge master with double closets. Beautiful hardwood floors throughout great for keeping units clean. Each townhouse has its own oversized attached single car garage in addition to an incredible 16 car concrete driveway. The lovely backyard can be accessed and enjoyed by all the tenants and is gorgeous in the Summer. Furnace, A/C, and laundry located on ground floor of each unit. No basements makes for safe and stress free experience for Landlords with all living & sleeping areas above grade. Plenty of room to expand or increase # of bedrooms based on size and layout of each unit. 208 Homestead Cr has been fully renovated with ground floor converted to a full bath with extra den/bedroom that can easily be replicated. Currently 3 of 4 units will be vacant at closing – great for investors to select their own tenants at current market rents. 202 Homestead Cr has a lovely long-term tenant paying month-to-month below market value. Current market rents for each unit estimated at $2,650/mt with potential to be 3,000-3,400/mt if renting to students and units converted to 4 bedrooms. Each townhouse pays separate hydro – opportunity for buyer to separate water & gas in future and sell complex as 4 individual units to add value. Recent updates to Roof, Windows, Furnaces, AC/s, Garage Doors, and all concrete driveways & walkways. See documents for details. (id:24093)
Listed by MICHAEL POPE of COLDWELL BANKER POWER REALTY,BROKERAGE

Property Details of 202 Homestead Crescent

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of February 6, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: