50 IRWIN STREET, London, Ontario N6A 2H4

50 IRWIN STREET, London, Ontario N6A 2H4
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Get more details

$1,197,000.00

  • 11 bedrooms
  • 5 bathrooms

PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's ... read more

PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential. (id:25417)

  • Listing ID: X13769512
  • Property Type: Multi-family
Property
Lot Size: 48.8 by 117 FT
Parking: Detached Garage
7 Spaces
Building
Type: Multi-family Other
Appliances: Dryer, Refrigerator, Stove, Washer and Dishwasher
HVAC: Fireplace
Natural Gas
Exterior: Brick
Basement: Full
Utilities: Sanitary Sewer
Location
City: London
Province: Ontario

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50 IRWIN STREET, London, Ontario N6A 2H4
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This property, located on IRWIN Street in London Ontario, was published on September 10th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in London convenient.

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