For sale 50$1,199,900
228 Burnside Drive
East I, London East, Ontario N5V1B9
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- X12823036
- Added
- Feb 26, 2026 ()
- Updated
- Mar 3, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Multi-Family
Inside
- Bedrooms
- 9
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Appliances
- Washer, Dryer
Building
- Parking
- 6 spaces
Land
- Lot size
- 60 x 155 ft
- Zoning
- R2-2
Services
- Water
- Municipal water
Location
- Cross streets
- Clarke & Trafalgar st
Running costs
- Annual property tax (2026)
- $7,026
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