228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
228 BURNSIDE DR, London East, ON N5V 1B9
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Mike Taylor

Mike Taylor

+1(705) 985-1110
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Est. payment | /mo

3,944 SqFt

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Est. payment | /mo
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3,944 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,944 sqft

Subdivision East I

MLS Listing ID X12823036

Annual Tax Amount $7,026

Tax Year 2025

Property Sub-Type Investment

Property Description

A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment.

Location

Province ON

County Middlesex

Area Middlesex

Zoning R2-2

Rooms

Kitchen 0

Interior

Cooling Yes

Inclusions 4 sets of fridge, stove, washer dryer

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 60.0

Lot Depth 155.0

Building

Building Age 51-99

New Construction false

Others

ParcelsYN No

Listed by SUTTON - JIE DAN REALTY BROKERAGE

Nearby Locations

Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON L4M 3B4, CAN

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228 BURNSIDE DR

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