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250 Greenwood Avenue, London South, ON N6J 3G4

London South, ON

$899,900
MLS® #: X13418966
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Description

Rare opportunity to own a purpose-built fourplex in one of London's most desirable pockets - this well-maintained investment property features four spacious two-bedroom units, each with their own full basement, offering tenants the kind of space and privacy they desire. Three units currently occupied by quality, long-term tenants providing immediate, stable income, with one vacant unit ready for you to set at market rent from day one. Inside, you'll find hardwood floors, eat-in kitchens, and bright generous layouts throughout, with two units boasting additional finished space in the lower level. Each unit has its own gas and hydro meter, keeping operating costs clean and simple. Four parking spaces, some newer windows, updated furnaces, and a 2015 roof round out the mechanical picture. Step into the backyard and you'll understand what make this location special - a private, serene setting overlooking The Cove, the kind of outdoor amenity that attracts and retains great tenants year after year. With a neighbourhood well-served by public transit and green space, and one vacant unit ready to set at market rent from day one, this is a turnkey asset with genuine upside potential.

Quick Details

Beds9
Baths4
TypeResidential Freehold
Sq Ft0
Parking Spaces4
Taxes$6,354
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Comprehensive Property Details

Approximate Age 51-99
Bedrooms Above Grade 8
Bedrooms Below Grade 1
Central Vacuum Y N No
City Region South D
Co List Office Name ROYAL LEPAGE TRILAND REALTY
Contract Status Available
Country CA
County Or Parish Middlesex
Covered Spaces 0
Cross Street Springbank Drive
D D F Y N Yes
Den Familyroom Y N Yes
Direction Faces East
Directions West on Springbank turning South onto Greenwood
Electric Y N A Yes
Ensuite Laundry Y N No
Expiration Date 2026-09-21
Fireplace Y N No
Garage Type None
Garage Y N No
Heat Source Gas
Heat Type Forced Air
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
Kitchens Above Grade 4
Kitchens Total 4
List A O R London and St. Thomas Association of REALTORS
List Office Name ROYAL LEPAGE TRILAND REALTY
Living Area Range 2500-3000
Lot Depth 0
Lot Irregularities 249.85 x 54.82 x 205.04 x 4.28 x 66.82
Lot Shape Irregular
Lot Size Source GeoWarehouse
Lot Size Units Feet
Lot Width 54.82
Mls Status New
Occupant Type Tenant
Parcel Number 083940573
Parking Spaces 4
Possession Details Immediate
Possession Type Flexible
Postal Code N6J 3G4
Property Sub Type Multiplex
Roll Number 393607019008400
Rooms Above Grade 20
Rooms Below Grade 8
Standard Status Active
State Or Province ON
Street Name Greenwood
Street Number 250
Street Suffix Avenue
Survey Type None
Tax Legal Description PART LOT 21, BLK S, AND PART LOT 22, BLK S, PLAN 376 AS IN 947229; LONDON/WESTMINSTER "CONSENT OF COMMITTEE OF ADJUSTMENT ATTACHED TO 947229"
Tax Year 2025
Transaction Type For Sale
U F F I No
Vendor Property Info Statement No
Washrooms Type1 4
Washrooms Type1 Level Main
Washrooms Type1 Pcs 4
Waterfront Y N No