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147 Pond Mills Road, London South, ON N5Z 3X3, London South, Ontario

commercial · MLS® X12172524

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$3,300,000

MLS# X12172524

147 Pond Mills Road, London South, ON N5Z 3X3

London South, Ontario N5Z 3X3

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New Listing· Listed null days on marketPopular· 87 views today
About This Property

Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.

Property Details

Property Type

Commercial

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147 Pond Mills Road, London South, ON N5Z 3X3, London South, Ontario

About 147 Pond Mills Road, London South, ON N5Z 3X3

This Commercial at 147 Pond Mills Road, London South, ON N5Z 3X3 is listed for sale in London South, Ontario at $3,300,000.

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London South is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in London South's real estate market.

MLS® number X12172524. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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Mortgage Calculator

$3,300,000

20% ($660,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$16,212

*Principal & Interest only. Does not include taxes or insurance.

Principal$2,640,000
Total Interest$2,223,573
Total Cost$5,523,573
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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