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$689,900
Available - For Sale
Listing ID: X12676434
ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex\( quad style\). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles were newer improvements along with various windows, along with two of the four furnaces. The property has 3 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies. One unit will be vacant by Jan 31st 2026 and new owner can set the rent.
Price $689,900
Taxes: $5,867.39
Assessment Year: 2025
Occupancy by: Tenant
Address: 360 Stratton Drive , London East, N5W 4Z7, Middlesex
Directions/Cross Streets: DUNDAS, EDMONTON
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: T
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 15.12 11.58
Room 2: Main Kitchen 13.58 11.41
Room 3: Main Primary B 12.14 11.41
Room 4: Main Recreatio 16.40 10.99
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Main
Washroom 3:  4 Main
Washroom 4:  4 Main
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Main
Washroom 8:  4 Main
Washroom 9:  4 Main
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Main
Washroom 13:  4 Main
Washroom 14:  4 Main
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Main
Washroom 18:  4 Main
Washroom 19:  4 Main
Washroom 20:  0
Property Type: Fourplex
Style: Bungalow
Exterior: Brick
Garage Type: Detached
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX CENTRE CITY REALTY INC.

360 Stratton Drive , London East, N5W 4Z7, Middlesex

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Maria Tompson
Sales Representative
Dir:
647-328-2112
Bus:
905-361-0512
Fax:
905-361-0853

 
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At a Glance:
Type: Freehold - Fourplex
Area: Middlesex
Municipality: London East
Neighbourhood: East H
Style: Bungalow
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $5,867.39
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson
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Re/Max Example Inc., Brokerage
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sales@bestforagents.com
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Maria Tompson Sales Representative pic sales@bestforagents.com Re/Max Example Inc., Brokerage Independently owned and operated. pic 50 Burnhamthorpe Rd west, Mississauga, Ontario L5B3C2 pic Office: 905-361-0512 | Cell: 647-328-2112 | Office: 905-361-0512
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