251 High Street, London ON N6C 4L3

Description

**TURN-KEY INVESTMENT OPPORTUNITY** WOW with a 6.3% cap rate! Better than the banks!
Clean & well kept duplex in Old South near Wortley Village featuring a large 1-1 bedroom with combo
kitchen/living area & 1-2 bedroom unit with a unique loft bedroom and large all purpose storage area.
Zoned R2-2, currently with a non-conforming 3rd unit, 1 bedroom apartment with 2 floors, as an
artist’s studio which offers an open concept floor plan and unique large living space. Each unit has
it’s own private outdoor porch, sitting area or yard to enjoy. Great Old South location, with bus stops
literally steps away & conveniently located minutes to Wortley Village, downtown, shopping, banking
and all other amenities. Walking distance to Victoria & Parkwood Hospitals which offers great tenant
opportunities to investors. The property always rents easily due to its proximity to UWO, Fanshawe, &
other life essentials. Extra value & possible increase in revenue, could be generated with basement
storage rental (value of over $5000). Great opportunity to add this property to your investment
portfolio!