ExtensionFor Sale

139 Godfrey Drive
London East, Middlesex, ON, N5V 2E8

Investment
TRREB
MLS® Number: X12494896
$1,700,000List Price
InvestmentProperty Type
6,000 sq ftSize
$16,777.55 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 139 Godfrey Drive, London East, ON N5V 2E8

0 Transactions by CPRB Agents

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Description

Excellent Investment Opportunity! Purpose-built, all-brick 9-unit apartment building featuring 6 two-bedroom, 2 one-bedroom, and 1 bachelor unit. Fully rented with great tenants, offering stable cash flow and minimal vacancy risk. Prime location near Fanshawe College, Northland Mall, bus routes, and easy 401 access. Gross rental income is $140,091.96 with an NOI of $96,249.46. Attractive assumable financing available (approx. 2.69% until Dec 2031 - subject to lender approval - contact listing agent for details). Perfect for gradual rent increases through natural turnover and updates. Tenants pay rent + hydro. Features include new boiler, coin-op laundry, ample parking, and exterior paint/siding updated in 2022.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$16,777.55 / 2025
Listing #:X12494896
Property Type:Investment
Size:6,000 sq ft
Land Size:75.97 x 127
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:THRIVE REALTY GROUP INC.

Rooms

Details

Property

Property Type:Investment
Community:East D
Municipality:Middlesex

Building

Size:6,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Highbury Ave N and Huron St

$1,700,000

List price

139 Godfrey Drive, London East – Investment for sale · MLS® # X12494896 | CPRB