$1,750,000
For sale: Multiplex

Exceptional opportunity to own a fully renovated 6-unit multifamily property, delivering strong cash flow and minimal maintenance. Renovated from top to bottom in 2021, this property blends modern finishes with long-term investment stability. Each unit has been tastefully updated with contemporary kitchens, new flooring and upgraded bathrooms Tenants enjoy stylish, comfortable living, while investors benefit from consistent rental income and low operating costs. This building grosses over $120k per year. Book your showing today!
Sold data
Multiplex homes in London took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 124 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 113 days.
The median sale price was $599,900.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 124 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,197,000
Multiplex50 IRWIN STREET, North K, London North

$1,799,000
Multiplex231 GREENWOOD AVENUE, South D, London South

$1,449,000
Multiplex27 HILL STREET, Grand Bend, Lambton Shores

$1,399,000
Detached171 BRADWELL CHASE, North R, London North

$1,300,000
Detached26 BLOSSOM RIDGE, New Sarum, Central Elgin

$1,249,000
Detached54 ROYAL CRESCENT, Talbotville, Southwold

$1,199,900
Detached2 HAVENWOOD WAY, North O, London North

$1,389,000
Detached4067 FALLINGBROOK ROAD, South V, London South