764 King Street, London, Ontario — Jeff McFalls, RE/MAX Centre City Realty Inc., Brokerage

Overview

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Details

Property

Address: 764 King Street
City: London, Ontario, Canada
Style: 1.5 Storey
Exterior:
MLS® Number: 40567732

Financial

Status: For Sale
List Price: $499,900

Rooms

Bedrooms: 3
Bathrooms: 2
Total Rooms: 10
Basement: Full, Partially Finished

Parking

Type:
Garage Type: 0

Utilities

Central Air: None
Heat Type: Forced Air, Natural Gas
Water: Municipal
Waste Water: Sewer (Municipal)

Calculators

Nearby Schools

Name	Address	Phone	Type
Blessed Sacrament Separate School Enrolment: 345 Address: 123 Anywhere St., Markham Phone: (519) 675-4411 Type: Catholic	1063 Oxford St E	(519) 675-4411	Catholic
St Mary School Enrolment: 225 Address: 123 Anywhere St., Markham Phone: (519) 675-4423 Type: Catholic	347 Lyle St	(519) 675-4423	Catholic
St Michael Separate School Enrolment: 270 Address: 123 Anywhere St., Markham Phone: (519) 675-4424 Type: Catholic	926 Maitland St	(519) 675-4424	Catholic
St. John French Immersion School Enrolment: 510 Address: 123 Anywhere St., Markham Phone: (519) 675-4420 Type: Catholic	1212 Coronation Drive Dr	(519) 675-4420	Catholic
Aberdeen Public School Enrolment: 210 Address: 123 Anywhere St., Markham Phone: (519) 452-8010 Type: Public	580 Grey St	(519) 452-8010	Public
Académie de la Tamise Enrolment: 265 Address: 123 Anywhere St., Markham Phone: (519) 659-8174 Type: Public	1260 Dundas rue	(519) 659-8174	Public
East Carling Public School Enrolment: 430 Address: 123 Anywhere St., Markham Phone: (519) 452-8050 Type: Public	814 Quebec St	(519) 452-8050	Public
Knollwood Park Public School Enrolment: 235 Address: 123 Anywhere St., Markham Phone: (519) 452-8290 Type: Public	70 Gammage St	(519) 452-8290	Public
Lester B Pearson School for the Arts Enrolment: 280 Address: 123 Anywhere St., Markham Phone: (519) 452-8300 Type: Public	795 Trafalgar St	(519) 452-8300	Public
Lord Roberts Public School Enrolment: 300 Address: 123 Anywhere St., Markham Phone: (519) 452-8330 Type: Public	440 Princess Ave	(519) 452-8330	Public
St Georges Public School Enrolment: 380 Address: 123 Anywhere St., Markham Phone: (519) 452-8530 Type: Public	782 Waterloo St	(519) 452-8530	Public
Trafalgar Public School Enrolment: 140 Address: 123 Anywhere St., Markham Phone: (519) 452-8610 Type: Public	919 Trafalgar St	(519) 452-8610	Public

Name	Address	Phone	Type
Catholic Central High School Enrolment: 1035 Address: 123 Anywhere St., Markham Phone: (519) 675-4431 Type: Catholic	450 Dundas St	(519) 675-4431	Catholic
École secondaire catholique École secondaire Monseigneur-Bruyère Enrolment: 265 Address: 123 Anywhere St., Markham Phone: (519) 673-4223 Type: Catholic	920 Huron rue	(519) 673-4223	Catholic
John Paul II Catholic Secondary School Enrolment: 780 Address: 123 Anywhere St., Markham Phone: (519) 675-4432 Type: Catholic	1300 Oxford St E	(519) 675-4432	Catholic
Robarts Provincial School for the Deaf Enrolment: Address: 123 Anywhere St., Markham Phone: (519) 453-4400 Type: Provincial	1515 Cheapside Street	(519) 453-4400	Provincial
Robarts/Amethyst Demonstration Secondary School Enrolment: Address: 123 Anywhere St., Markham Phone: (519) 453-4400 Type: Provincial	1515 Cheapside Street	(519) 453-4400	Provincial
B Davison Secondary School Secondary School Enrolment: 115 Address: 123 Anywhere St., Markham Phone: (519) 452-2880 Type: Public	785 Trafalgar St	(519) 452-2880	Public
G A Wheable Secondary School Enrolment: Address: 123 Anywhere St., Markham Type: Public	70 Jacqueline St		Public
H B Beal Secondary School Enrolment: 1765 Address: 123 Anywhere St., Markham Phone: (519) 452-2700 Type: Public	525 Dundas St	(519) 452-2700	Public
London Central Secondary School Enrolment: 1060 Address: 123 Anywhere St., Markham Phone: (519) 452-2620 Type: Public	509 Waterloo St	(519) 452-2620	Public
London South Collegiate Institute Enrolment: 720 Address: 123 Anywhere St., Markham Phone: (519) 452-2860 Type: Public	371 Tecumseh Ave E	(519) 452-2860	Public
Montcalm Secondary School Enrolment: 920 Address: 123 Anywhere St., Markham Phone: (519) 452-2730 Type: Public	1350 Highbury Ave N	(519) 452-2730	Public
Thames Valley Alternative Secondary School Enrolment: 170 Address: 123 Anywhere St., Markham Phone: (519) 452-2660 Type: Public	70 Jacqueline St	(519) 452-2660	Public

Neighbourhood

558,943 Homes For Sale
Average Asking Price

2,169 Homes For Lease
Average Asking Price

Disclaimer: Statistics are based on active listings within a 2 km radius.

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Listing Provided By:

INITIA REAL ESTATE (ONTARIO) LTD

London St. Thomas Association of REALTORS® (LSTAR)
Listed on: April 5, 2024