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$419,000

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MLS® X12086994

  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $2,721
Lot Size 
Approx. Age 
MLS® Number X12086994

Property Address: 419 Ronald St, London, ON, N5W5B8

Average square foot calculated using Size range provided by listing agent.

Description

Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you're looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5, 800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity.Show Description
MLS® NumberX12086994
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull, Separate Entrance
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Living Room:Lower Level17 × 10.01 ft

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Commute

Starting Address
Destination Address
419 Ronald St, London, ON

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