376 BURWELL STREET, London East (East G), Ontario N6B2W2

376 BURWELL STREET
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Presenting an opportunity to acquire a 7-unit multifamily property package in the heart of downtown London. This offering includes both a triplex and a fourplex, providing immediate cash flow with long-term value-add potential. The unit mix consists of four 2-bedroom units and three 1-bedroom units, appealing to a broad tenant base. Four units have been fully renovated with modern upgrades, delivering strong rental appeal and reduced near-term maintenance, while the remaining three units offer clear upside through cosmetic and functional improvements. Currently operating at a 6.9% cap rate, the property provides solid in-place returns with additional income growth potential as rents are brought to market and value-add improvements are completed. Shared on-site laundry adds tenant convenience while generating supplemental income. Ideally located just steps from London's downtown core, tenants benefit from close proximity to transit, shopping, dining, employment hubs, and post-secondary institutions-factors that support consistent rental demand and low vacancy. For investors seeking a balance of stability and upside, this asset offers a compelling opportunity to acquire a partially renovated multifamily property with multiple pathways to grow both equity and cash flow at a STEAL of a price!

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Stove, Water Heater
BasementUnfinished, N/A
Bathrooms Total7
Bedrooms Total11
CoolingNone
HeatingBaseboard heaters, Forced air, Not known, Not known, Electric, Natural gas

Building & Exterior

Exterior FeaturesBrick
Foundation DetailsBrick
Parking FeaturesNo Garage
Stories2.0

Land & Location

City RegionEast G
Frontage Length56.0 feet
Lot FeaturesFlat site
Lot Size Dimensions56 x 77.4 FT

Listing & Financials

Listing OfficePRIME REAL ESTATE BROKERAGE
Originating System NameLondon and St. Thomas Association of REALTORS®

Other Specifications

CountryCanada
Parking Total2

For Sale

$999,900

376 BURWELL STREET, London East (East G), Ontario N6B2W2

Beds

11

Baths

7

Living Area

-

Lot Size

-

Property Type

Multi-family

Year Built

-

Listing IDX12665316

Location & Map

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