Name: 96 EMERY STREET W, London South (South E) | MLS® X12455864
SKU: x12455864
Price: 688888.0 CAD
Availability: InStock

$688,888 Sale

Listed 9 hours ago

96 EMERY STREET W

MLS® x12455864 Fourplex

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Beds · 5

Baths · 5.0

Parking · 4

Sqft · 1100 - 1500

Est. mortgage

$2,613/mo

Key Facts

Key facts for 96 EMERY STREET W

Property Type

Apartment, Fourplex

Parking

Garage: No, 4 parking

MLS #

X12455864

Size

1100 - 1500 sqft

Basement

Finished, N/A (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

This newly recognized legal triplex with rental license in place is larger than it appears with big addition in the back and walk-out basement entrances, which features a bonus fourth suite. The main floor unit features 4 beds and 2 full baths, projected to be rented for $2575/month. The upper 1 bed... and 1 bath unit is rented for $1295/month. The downstairs rear walk-out unit is rented for $1500/month and the other side access walk up basement suite is projected to be rented for $1300/month . This brings the cumulative rent to $6670/month. The very low property taxes ($241/month) grandfathered also helps with a projected Cap Rate of 8.6%+, projected net operating income (NOI) of over $60,000 annually. Over $150,000 was invested during the current ownership, with extensive upgrades on everything from brand new 200 amp electric panel to new flooring to interconnected fire separations connected to furnace to cosmetic improvements of all 5 bathrooms. Property features triple wide driveway with room for a fourth car to park in tandem; offering an independent parking spot for each unit. The greenspace of the oversized deep backyard, features many mature trees and is fully fenced in. Energy efficient upgrades were also carried out, including a smart thermostat install and a new Central AC unit being added in 2025. Fire and safety improvements include sprinklers, egress windows, and fire doors. High quality finishes have been added including quartz countertops and tiled showers. Manor Park, which is Old South adjacent is an excellent community, with direct transit access, great green spaces including Eustace Park/The Coves, and ample ammenities. This location is on bus to Western University, Fanshawe College, White Oaks Mall, Masonville Mall, Victoria Hospital, University Hospital and Downtown London. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

5.0

Square Footage

1100 - 1500 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Separate entrance, Walk out

Bedrooms

Washrooms

5.0

Square Footage

1100 - 1500 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Basement Features

Separate entrance, Walk out

Exterior

Acreage

35.1 x 137.2 FT ; 35.06ft x 137.16ft x 35.05ft x 137.18ft|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R1-4

Land Amenities

Hospital, Place of Worship, Schools, Public Transit

Acreage

35.1 x 137.2 FT ; 35.06ft x 137.16ft x 35.05ft x 137.18ft|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

R1-4

Land Amenities

Hospital, Place of Worship, Schools, Public Transit

Building Description

Style

Fourplex

Home Type

Apartment

Subtype

Fourplex

Exterior

Aluminum siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Style

Fourplex

Home Type

Apartment

Subtype

Fourplex

Exterior

Aluminum siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Fire Protection

Smoke Detectors

Community

South E

Area Code

London South (South E)

Features

Community Centre

Community

South E

Area Code

London South (South E)

Features

Community Centre

Other

Virtual Tour Link

https://youriguide.com/96_emery_street_west_london_on/

Virtual Tour Link

https://youriguide.com/96_emery_street_west_london_on/

Room Types

Bathroom

Dimensions 0.89 m x 2.74 m

26.25 sqft

Bathroom

Dimensions 1.19 m x 2.01 m

25.75 sqft

Bathroom

Dimensions 1.49 m x 2.04 m

32.72 sqft

Aida Botelho

Email: [email protected] Cell: 416-998-2005