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$1,199,900

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228 Burnside Drive

East I, London East, Ontario N5V1B9

For sale· Added

9 bed3,944 sqft

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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$1,199,900
228 Burnside Drive
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