ON > London > East J
London, ON N5Z4T5,75 CLEVELAND PLACE
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London, ON N5Z4T5,75 CLEVELAND PLACE
London, ON N5Z4T5,75 CLEVELAND PLACE
London, ON N5Z4T5,75 CLEVELAND PLACE
London, ON N5Z4T5,75 CLEVELAND PLACE
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CHRIS HOLM

CHRIS HOLM

+1(250) 309-0039
$ 589,900
Est. payment /mo
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Active

75 CLEVELAND PLACE London, ON N5Z4T5

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision East J

MLS® Listing ID X10415327

Style Bungalow

Bedrooms 6

Originating Board Toronto Regional Real Estate Board

Property Description

Welcome to 75 Cleveland Pl, a beautifully updated and excellent investment property with an 8.76% CAP RATE! Nestled in the heart of the desirable Glen Cairn neighbourhood. This fully renovated (2021) bungalow features a spacious 3+3 bedroom, 1+1 bathroom layout, situated on a 37x111 ft lot. The property is currently tenanted and generating $4,305/month inclusive, this property is an incredible investment opportunity. Both sets of tenants are excellent and on a month-to-month basis as of November 2024, allowing for continuity. The main level offers a bright, open-concept living and dining area perfect for family gatherings, along with three well-sized bedrooms. The lower level presents a fully modernized in-law suite with a separate entrance, featuring three additional bedrooms, a full bath, and a cozy living space-an ideal setup for extended family, guests, or rental income. Located in Glen Cairn, one of London's most charming and convenient communities, this property benefits from a peaceful, tree-lined street while being just minutes away from major amenities. With proximity to Victoria Hospital, top-rated schools, shopping centers, restaurants, and quick access to the 401 & 402 highways, Glen Cairn combines suburban tranquility with urban convenience. Whether you're seeking a multi-generational living solution, a mortgage helper, or a pure investment, 75 Cleveland Pl offers endless possibilities in a fantastic neighbourhood. Don't miss out on this rare opportunity! **** EXTRAS **** 8.76% Cap Rate, closing anytime for investment purposes. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Lower level 2.92 m X 3.33 m Bedroom 2

Extra Room 2 Lower level 2.59 m X 5.11 m Bedroom 3

Extra Room 3 Lower level Measurements not available Kitchen

Extra Room 4 Lower level Measurements not available Bathroom

Extra Room 5 Lower level 4.24 m X 2.13 m Bedroom

Extra Room 6 Main level Measurements not available Living room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by RARE REAL ESTATE

CHRIS HOLM

PERSONAL REAL ESTATE CORPORATION | License ID: 10430

+1(250) 309-0039

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