376 BURWELL STREET

London East (East G), , N6B2W2, Canada

$999,900

Presenting an opportunity to acquire a 7-unit multifamily property package in the heart of downtown London. This offering includes both a triplex and a fourplex, providing immediate cash flow with long-term value-add potential. The unit mix consists of four 2-bedroom units and three 1-bedroom units, appealing to a broad tenant base. Four units have been fully renovated with modern upgrades, delivering strong rental appeal and reduced near-term maintenance, while the remaining three units offer clear upside through cosmetic and functional improvements. Currently operating at a 6.9% cap rate, the property provides solid in-place returns with additional income growth potential as rents are brought to market and value-add improvements are completed. Shared on-site laundry adds tenant convenience while generating supplemental income. Ideally located just steps from London's downtown core, tenants benefit from close proximity to transit, shopping, dining, employment hubs, and post-secondary institutions-factors that support consistent rental demand and low vacancy. For investors seeking a balance of stability and upside, this asset offers a compelling opportunity to acquire a partially renovated multifamily property with multiple pathways to grow both equity and cash flow at a STEAL of a price!

EXTRAS: Refrigerator, Stove, Water Heater

Last updated on : Monday 12th of January 2026 11:10:55 AM

ADDRESS

Street : 376 BURWELL STREET

City : London East (East G)

Country : Canada

Postal Code : N6B2W2

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PROPERTY SUMMARY

Property ID : X12665316

Building Type : Other

Property Type : Multi-family

Bedrooms : 11

Bathrooms : 7

Parking : 2

Parking Type: No Garage

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