$759,999
Available - For Sale
Listing ID: X12319670
360 Stratton Driv , London East, N5W 4Z7, Middlesex


This solid brick 4 plex needs updates, renos 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 buyers can view one unit , and have a condition in the offer to purchase subject to inspection of other units. The subject property is built as a one-storey fourplex\( quad style\). A $50,000 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 $1940 monthly and $23,280 annually with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.
Price $759,999
Taxes: $5867.39
Assessment Year: 2025
Occupancy: Tenant
Address: 360 Stratton Driv , London East, N5W 4Z7, Middlesex
Directions/Cross Streets: EDMONTON AND DUNDAS
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Family Room: T
Basement: Full, Partial Base
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 15.32 11.58
Room 2 Main Kitchen 13.58 11.41
Room 3 Main Primary B 12.14 11.41
Room 4 Main Recreatio 16.4 10.99
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Fourplex
Style: Bungalow
Exterior: Brick
Garage Type: Other
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.
Personal Picture
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
 
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At a Glance:
Type: Freehold - Fourplex
Area: Middlesex
Municipality: London East
Neighbourhood: East H
Style: Bungalow
Lot Size: x 125.00(Feet)
Approximate Age: 51-99
Tax: $5,867.39
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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