London East, ON N5W 4Z7,360 Stratton DR
London East, ON N5W 4Z7,360 Stratton DR
London East, ON N5W 4Z7,360 Stratton DR
24
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$689,900
Est. payment /mo
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8 Beds
4 Baths
New

360 Stratton DR London East, ON N5W 4Z7

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision East H

MLS Listing ID X12676434

Style Bungalow

Bedrooms 8

Annual Tax Amount $5,867

Tax Year 2025

Property Sub-Type Fourplex

Lot Depth 125.0

Lot Front 75.0

Property Description

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.

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room Yes

Basement Finished

Kitchen 4

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Roof Type Shingles

Lot Frontage 75.0

Lot Depth 125.0

Total Parking Spaces 5

Building

Foundation Concrete

Others

ParcelsYN No


Listed by RE/MAX CENTRE CITY REALTY INC.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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Phone*
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360 Stratton DR

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