For Sale

368 Calgary Street, London East, Ontario N5W 4X5

$1,100,000

368 Calgary Street, London East, Ontario N5W 4X5 is For Sale and has a listing price of 1,100,000. The property is located in the London East . It's been on the website for 80 Days.

  • Multiplex
    Property Type
  • 15
    Bedrooms
  • 8
    Bathrooms
  • Parking
  • MLS ID: X12023560
  • Office Name BLUE FOREST REALTY INC.
Property Description

Attention investors! Don’t miss out on this unique opportunity to own 8 units across three separate buildings. There’s significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000.

Property Details
  • Bedrooms: 15
  • MLS ID: X12023560
  • Bathrooms: 8
  • Price: $1,100,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: X12023560
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Whitney St
  • Tax Year: 2024
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/17/2025 X12023560 $1,100,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $686,739 Average List Price
    based on 1 year
  • 131 New Listings
    based on 30 days
  • 65 Median Days on Market
    based on 1 year
  • List vs. Selling Price 145.13 % Up
  • Sold (12mo) 93
  • Rented (12mo) 74

  • 1 Month Change -45.9%
  • 3 Month Change -76.4%
  • 6 Month Change -17.7%
Walkscore
  • 65 Walk Score
    Somewhat Walkable
  • 49 Transit Score
    Some Transit
  • 54 Bike Score
    Bikeable
Additional Details
  • Heat Type Other
  • Heat Source Other
  • Style 2-storey
  • Washroom Type1: 8
  • Garage Type Y
  • Parking Spaces: 10
  • Exterior Stone, Vinyl Siding
  • Kitchen Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $4,609
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 17/03/2025 16:33:11
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