126 EMERY STREET W, London South (South E)
126 EMERY STREET W, London South (South E), ON N6J1S1
$399,900 total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RA9 — High Rise
$ / SF
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Occupancy
96%
About this property
Opportunity for live-in plus income, pure income or just large single family residential if desired. The large floorplan is currently set up as a 3 bedroom unit on the main level with potential for a 4th bedroom in the lowest level den area, plus lots of unspoiled space with high ceilings that could be further finished. The upstairs layout with access from the rear of the property contains a 2 bedroom unit that is ready for improvement. The lot has room for more development off the back of the home which could potentially allow for a triplex or even quadruplex. The exterior features 2 driveways, 1 on each side of the home and a garage. So many possibilities here to explore for those looking for income generation or extra living space for themselves. Close to schools, restaurants, shopping, Euston Park and a 5 minute drive to Wortley Village. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-3K
Cash-on-cash
-2.80%
DSCR
0.85
Going-in cap
4.70%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
134,852
Households
53,393
Median income
$100,000
Median age
42.9
Daytime population
201,767
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 126 EMERY STREET W, London South (South E).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.