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12-14 VICTOR STREET, London South (South S) — listed at $825,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Renovated 4-unit with cap rate of 7.9%. Gross annual income of $72,840. Suite breakdown 4x 2bedrooms. Building features revitalized common areas, renovated units and restored front entrance portico. Separate Gas & Hydro meters. Windows replaced (2022). Laundry on site, 5 Parking spaces. 8 min drive to Western University, and short walk away from local amenities. TOURS TO SEE ALL UNITS: Sunday, September 27th from 3:00 PM to 5:00 PM. Please confirm Attendance. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,599, heating is hot water radiator heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is hot water radiator heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Who is 12-14 VICTOR STREET best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
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