London East (East I), Ontario
Also listed as 228 Burnside Dr., London East (East I), Ontario
A great "Turn Key" investment opportunity located on a desirable quiet residential street. This income property has an annual gross income of $61,402.38. The building structure is 3 levels with 3 rental units with a 4th rental unit in the double garage which has been converted to a one bedroom apartment. Numerous updates throughout. Updated metal roof, windows, copper plumbing, coin-op washer & dryer. Separate storage rooms and large garden shed. Separate hydro meters, 4 fridges & 4 stoves, 1 dishwasher, lots of parking. Upper 3 bedroom unit rents for $2000 + hydro, main floor 3 bedroom unit rents for $1,362.66 + hydro, lower 2 bedroom unit rents for $927.64. + hydro, 1 bedroom garage unit rents for $845.69. including hydro. Numerous upgrades: newer pavement on driveway, first floor renovated bathroom and dishwasher installed. Second floor newer flooring, paint and updated bathroom. Newer eave though and shed. Newer air conditioning and furnace ( 2023). This property is in excellent condition inside and out and fully rented with good tenants. A "Must See" worthwhile investment. (id:64869)
228 Burnside Drive is located in London East (East I), ON (N5V1B9).
228 Burnside Drive is listed for sale at $1,199,900.
This home offers 9 bedrooms.
It is a home.
228 Burnside Drive offers approximately 3,944 sq ft of living space on a 60 x 155 FT lot.
Annual property taxes are approximately $7,026 (2026).
Yes — 228 Burnside Drive includes 6 parking spaces.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: SUTTON - JIE DAN REALTY BROKERAGE
Co-Listing Brokerage: SUTTON - JIE DAN REALTY BROKERAGE
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
City: London East (East I)
Price: $899,900 - $1,499,900
Type: Residential
Bedrooms: 9+