Map location of 49 PADDINGTON AVENUE, London, ON N6J2S5
$699,000
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49 PADDINGTON AVENUE, London, ON N6J2S5

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6 Beds
3 Baths
1,100 Sq Ft

This fully renovated seperately metered Three Unit income property in Manor Park works as an ideal seemless compliment to exisiting porfolios, as a solid first aquisition in the real estate investing world, and/or as a great oppurtunity to occupy one unit and generate income on the other units. The property just completed and passed fire and electrical safety inspections in July of 2024 helping reinforce this as a safe investment and/or new location to call home. This property has been creatively designed to keep all the living space above grade; with all units having been recently renovated and all major elements being replaced or upgraded; with bonus storage units created and rented below grade providing an additional income stream. This property provides very close access to the high energy major transportaion routes for public transit and is situated near to shopping centres. The area also offers great naturscapes to explore including Eustace Park and The Coves protected area. This fully tenanted property offers an annual income of at over $50, 000 after expenses this property is a prime candidate for a cash flowing asset projected at a 7% Cap Rate at asking. As noted the newly renovated basement space allows for additional income with storage units with the space freshly painted, spray foamed and the cielings drywalled. The shared basement space also features a laundry room with two washers and two dryers for usage between the tenants. Basement additionally waterproofed, insulated and ceiling / walls newly drywalled. At the point of previous sale, all items noted in home inspection report were addressed by previous seller or current owner after possession. Between the previous professional home inspection, the electrical safety authority inspection, and the fire inspection; it is of upmost importance to the current owner than the new buyer inherites a safe property. Detailed financials are also available and can be provided. (id:55598)

Listing By: NATHAN BLANCO - EXP REALTY
Listing provided courtesy of Canadian Real Estate Association
  • MLS® X9356894
  • Date Listed09/18/2024
  • Days on Realty 3 Days
  • Bedrooms 6
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Subdivision South E
  • Property Type Triplex
  • Water Public
  • Square Feet 1,100 sq. ft
  • Price Per Sq. Ft $635.46

Interior Features

  • Appliances Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
  • Heating Baseboard Heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

St. Mary's Catholic School

Public • 6 - 8

32.19 km

Distance

Lester B. Pearson School for the Arts

Public • 6 - 8

32.19 km

Distance

École secondaire catholique École secondaire Monseigneur-Bruyère

Public • 6 - 12

32.19 km

Distance

École secondaire Gabriel-Dumont

Public • 6 - 12

32.19 km

Distance

Westminster Secondary School

Public • 9 - 12

32.19 km

Distance

London South Collegiate Institute

Public • 9 - 12

32.19 km

Distance

London Central Secondary School

Public • 9 - 12

32.19 km

Distance

Saunders Secondary School

Public • 9 - 12

32.19 km

Distance

Catholic Central High School

Public • 9 - 12

32.19 km

Distance

H.B. Beal Secondary School

Public • 9 - 12

32.19 km

Distance

Wheable Adult Education Centre

Public • 9 - 12

32.19 km

Distance

B. Davison Secondary School

Public • 9 - 12

32.19 km

Distance

Oakridge Secondary School

Public • 9 - 12

32.19 km

Distance

Sir Frederick Banting Secondary School

Public • 9 - 12

32.19 km

Distance

St. Marguerite d'Youville School

Private • PK - 8

20 km

Distance

St. Theresa Separate School

Private • PK - 8

20 km

Distance

Sales & Tax History

Source: Public Records

Date Event Price
12/28/2020 Sold $275,000.00 3.77%
11/03/2020 Pending $265,000.00
Street Address Beds Baths Sold Date List Price
2-505 Jarvis Street, London ON N6K 1X3 4 4 Sep 18, 2024 $1,599,900
62-75 Ansondale Road, London ON N6C 5W5 3 3 Sep 18, 2024 $479,900
22 Yvonne Court, London ON N5Z 2X9 4 3 Sep 18, 2024 $929,900
755 Viscount Road, London ON N6J 4A4 4 3 Sep 18, 2024 $685,000
23-80 Centre Street, London ON N6J 1T5 3 3 Sep 18, 2024 $529,900
301-76 Base Line Road W, London ON N6J 4Y7 2 2 Sep 18, 2024 $420,000
31 Ardaven Place, London ON N6C 1H4 2 3 Sep 18, 2024 $459,900
509 Teeple Terrace, London ON N6J 1T1 4 2 Sep 18, 2024 $859,900
24-567 Rosecliffe Terrace, London ON N6K 0E2 5 5 Sep 18, 2024 $1,599,900
509 Teeple Terrace, London ON N6J 1T1 4 2 Sep 18, 2024 $879,900

Walkability in ON / N6J2S5

Source: Walkscore

74/100

Very Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

64/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 46/100, Bike Score: 57/100.

Points of interest near 49 PADDINGTON AVENUE, London, ON N6J2S5

127 m

Distance

179 m

Distance

206 m

Distance

Craft Farmacy, London, ON, Canada

Food • Retail • Nightlife

309 m

Distance

343 m

Distance

368 m

Distance

374 m

Distance

332 m

Distance

BMO, London, ON, Canada

Finance Professional

356 m

Distance

50 m

Distance

Craft Farmacy, London, ON, Canada

Food • Retail • Nightlife

309 m

Distance

332 m

Distance

355 m

Distance

BMO, London, ON, Canada

Finance Professional

356 m

Distance

362 m

Distance

364 m

Distance

366 m

Distance

Frequently Asked Questions for 49 PADDINGTON AVENUE

Source: Realty.com

49 PADDINGTON AVENUE, London, ON N6J2S5 is a Triplex, Residential property listed for $699,000 The property is 1100 sq. ft with 6 bedrooms and 3 bathrooms

Realty.com has 38 photos of 49 PADDINGTON AVENUE.

The full address for this home is 49 PADDINGTON AVENUE, London, ON N6J2S5.

49 PADDINGTON AVENUE has been listed on Realty.com since Wed September 18, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 46/100, Bike Score: 57/100.

Listing provided courtesy of: EXP REALTY (tel: (866) 530-7737)
Listing agent: NATHAN BLANCO (tel: (866) 530-7737)

This content last refreshed on 2024-09-21 09:44:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 49 PADDINGTON AVENUE, London, ON N6J2S5 : MLS® X9356894

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