1576 Caledonia Street
East H Middlesex N5W 2W7

$2,500,000
Residential Freehold beds: 18 baths: 12.0

Main Photo: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
Photo 1: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
Photo 2: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
Photo 3: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
Photo 4: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12137351
Bedrooms:
18
Bathrooms:
12
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
5000 +
Depth:
0'
Frontage:
97'
Lot Shape:
Irregular
Topography:
Flat
Direction Faces:
North
Bedrooms:
18
Bathrooms:
12.0
Water supply:
Municipal
Kitchens:
12
Bedrooms Above Grade:
18
Kitchens Above Grade:
12
Rooms Above Grade:
42
Fractional Ownership:
No
Zoning:
R2-3
Assignment:
No
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Flat
Basement:
Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
None
Parking Features:
Private
Parking Spaces:
16
Total Parking Spaces:
16.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
110.52 ft x 182.45 ft x 97.24 ft x 162.3
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2024
Taxes:
$23,204.22 / 2024
Assessment:
$- / 2024
London East
East H
Middlesex
Clear View, Public Transit, School
Intercom, Separate Heating Controls, Storage, Water Heater
Landscaped, Lighting
Carbon Monoxide Detectors, Smoke Detector
None
Tenant Belongings
None
Brick
No
No
Clear
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Level:
Main Level
Date Listed:
May 09, 2025
  • Photo 1: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
    Photo 1 of 4
  • Photo 2: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
    Photo 2 of 4
  • Photo 3: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
    Photo 3 of 4
  • Photo 4: 1576 Caledonia Street in Middlesex: East H House for sale (London East)  : MLS®# X12137351
    Photo 4 of 4
Listed by THRIVE REALTY GROUP INC.
Data was last updated June 22, 2025 at 06:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.