228 BURNSIDE DRIVE

London East (East I), , N5V1B9, Canada

$1,199,900

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.

EXTRAS: Washer, Dryer

Last updated on : Monday 2nd of March 2026 10:30:22 AM

ADDRESS

Street : 228 BURNSIDE DRIVE

City : London East (East I)

Country : Canada

Postal Code : N5V1B9

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PROPERTY SUMMARY

Property ID : X12823036

Building Type : Multi-Family

Property Type : Multi-family

Bedrooms : 9

Parking : 6

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