124 Regent Street London East (East B), Ontario N6A 2G4

$829,900

Location, location! Welcome to this premium, turnkey student investment property situated within an prime five-minute walk to the Western University (UWO) gates. This highly optimized property features five- bedrooms of which four are on the main and second floors, alongside a 5th bedroom in the basement fully finished with a kitchen 4 pce bathroom and living room. The building has undergone extensive renovations since 2019, including fully replaced windows, two updated kitchens, fully updated appliances, 2.5 modernized bathrooms, updated light fixtures, and fresh paint. Floors feature a combination of brand-new flooring and refinished, burnished hardwood. Key mechanical upgrades include a newer high-efficiency furnace and an owned water heater. Designed for low-overhead operations, the property features a separate laundry facility, all appliances included, a large detached garage with possible additional income opportunity , and a deep private driveway with ample parking. Fully leased for the upcoming 2026 to 2027 Western academic year, this property generates a strong gross income of $63,036 with a stated net of $46,609. A true turnkey operation in London's most secure rental market. Please inquire further for comprehensive lease and financial details. (id:46416)

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https://www.realtor.ca/real-estate/29800498/124-regent-street-london-east-east-b-east-b