298.5 & 300 Wolfe Street London, Ontario N6B 2C5
$2,999,000
Fabulous core area property on most desirable street across from Victoria Park.298.5 Wolfe St is a legal duplex. 'A' is a 2 bedroom, rent $1840. 'B' is a 2 bedroom, rent $1441.25. Tenants pay personal electricity and heat. 300 Wolfe is a legal 6-plex plus a large bachelor in the basement and a separate one bedroom coach house (currently owners office). Both in existence for more than 35 years. All apartments pay their own heat and electricity. Water and hot water is included. Bachelor is all-inclusive and also common lights and coach house utilities (currently). Expenses are updated to 2022 projected costs. There are 10 parking spots in the rear parking lot, access is by a back lane off of Wolfe St. Frontage on 300 Wolfe is 54 feet and on 298.5 is 21.67 feet. Depth is 144 feet. Very unique property. A great investment to add to your portfolio. 298.5 Wolfe St each unit has its own high efficiency forced air gas furnace and washer and dryer. 300 Wolfe units 1, 2, 3, and 4 have their own high efficiency forced air gas furnace. Unit 5 and 6 are baseboard electric. City licenced. Updated electrical - each unit 100 amp. (id:20872)
Property Details
| MLS® Number | 40203220 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | Quiet Area |
| Equipment Type | None |
| Features | Park/reserve, Paved Driveway, Skylight, Laundry- Coin Operated |
| Parking Space Total | 10 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 13 |
| Bedrooms Total | 15 |
| Appliances | Water Meter, Microwave Built-in |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1880 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fixture | Ceiling Fans |
| Foundation Type | Stone |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 3 |
| Size Interior | 7000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Sanitary Sewer |
| Size Depth | 142 Ft |
| Size Frontage | 73 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3-(6) |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/23970037/2985-300-wolfe-street-london
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April 11 2022 08:40:25
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty Inc., Brokerage