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Listed price in listed location currency (CAD).
$795,000

446

MLS® 40784939

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5000 sqft
Garage No
Taxes $4,107
Days Active 30
Lot Size 
Approx. Age 
Avg. Price Per Sqft $159
MLS® Number 40784939

Property Address: 195 Main St, Lucan, ON, N0M2J0

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

Description

We are super excited to present this rare 4-plex opportunity in the thriving and sought-after town of Lucan! Whether you're an investor looking for a solid income property or a buyer hoping to offset your mortgage, this versatile building is packed with potential. This unique property features three 1-bedroom units ranging from 550 to 650 finished square feet and a spacious 3-bedroom 2 bathroom (including an ensuite) apartment with 1, 571 sq. Ft. Of finished living space, plus an additional 375 sq. Ft. In the basement. The possibilities are endless thanks to the commercial zoning, which allows for a wide variety of uses. Live in the large 3-bedroom unit and rent out the remaining apartments, or lease out all four for maximum income. The current scheduled gross annual income is $62, 748, making this an attractive investment from day one. A garage and basement storage add even more value for the owner. Located just 20 minutes from London and a short drive to Grand Bend, Lucan has become a highly desirable place to live and invest. The town offers a full suite of amenities, including a brand-new grocery store, McDonald's, Dollarama, and the ever-popular Chuck's Roadhouse. It's also well-known as a great place to raise a family, with multiple parks, soccer fields, baseball diamonds, and a vibrant community centre and arena. This is a rare chance to own a strong income-generating property in a growing community with incredible future upside. With flexible zoning, strong rental income, and a fantastic location, this property checks all the boxes. Don't miss your chance, book your private showing today and explore all the ways this exceptional property can work for you
MLS® Number40784939
Laundry LevelOther
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Other

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 4, 2025List Date
$795,000List Price
-End Date
Not Sold YetSold Price

For Sale

Nov 4, 2025List Date
$799,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
195 Main St, Lucan, ON

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