197 HOMESTEAD Cres, London MLS Number: X8382506

Northwest London Licenced triplex with amazing features, unique architectural detail, and character throughout. Improvements include, plumbing, electrical, foundation, drainage, insulation, bathrooms, kitchens, and high-tech boiler system rental. Two 2-bedroom units each with 2 electric fireplaces and one 1-bedroom unit with electric fireplace. Tenants pay separately metered electricity. Unit 1 also features 1 4pc bathroom and 1 2pc bathroom, Unit 2 offers 1 4pc bathroom and 1 3 pc bathroom and 1 pc bathroom in Unit 3. Unit 2 has in unit stacking washer and dryer while units 1 and 3 share coin operated washer and dryer. Close proximity to Western University and Banting High School, shopping, restaurants and parks. Rental Licence number 202300674 issued April 17,2024. Maintenance expense shown includes lawn maintenance of $1,395.65 and snow removal of $2,200. High tech boiler system is on a rental and maintenance contract for peace of mind and efficient operation. Current rents do not reflect market rents. Unit 1 - Estimated Market Rent is $2300. Unit 2 - Estimated Market Rent $2150. Tenants have been there for at least 8 years. Unit 3 - Estimated Market Rent is $1250.