50 IRWIN Street

房源介绍
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential.
房源信息
建筑详情
设施与特色
费用信息
包含与不包含
5 Fridges, 5 Stoves, 5 Dishwashers, 1 Washer, 1 Dryer
Tenants' Belongings
位置
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查看更多Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.
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