153 GODFREY DRIVE

London East (East D), , N5V2E8, Canada

$1,525,000

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 8 one-bedroom units and 1 bachelor unit. Fully rented with reliable tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $133,755 and an NOI of $95,570. Ideal for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, new roof, new parking lot, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.

Last updated on : Thursday 18th of December 2025 12:40:55 PM

ADDRESS

Street : 153 GODFREY DRIVE

City : London East (East D)

Country : Canada

Postal Code : N5V2E8

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PROPERTY SUMMARY

Property ID : X12494880

Building Type : Multi-Family

Property Type : Multi-family

Parking : 12

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