London East, ON N6B 1E3,340 Hill ST
London East, ON N6B 1E3,340 Hill ST
London East, ON N6B 1E3,340 Hill ST
16
$1,115,000
$1,149,900
3.0%
Est.Price: ?

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12 BD
6 BA

340 Hill ST London East, ON N6B 1E3

Est. payment /mo
SOLD DATE : 08/25/2025

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Key Details

Sold Price $1,115,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision East K

MLS Listing ID X12075582

Style 3-Storey

Annual Tax Amount $3,099

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Well maintained 6 unit investment property located in SOHO at the corner of Wellington Street and Hill Street. Consisting of 1- 1 bedroom, 4- 2 bedroom and 1- 3 bedroom units along with an addtional 33' x 41' parcel of land. On-site coin laundry. Parking for 9 vehicles. Located across the street from new mixed-use housing development on South Street. Current NOI: $77,222.94. Potential for significant upside, current rents below market. The 3 bedroom unit will be vacant upon possession (market rent $1,800 per month). Zoning R3-1. Close proximity to Wellington Road and transit and within walking distance to downtown London.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Zoning R3-1

Rooms

Bedrooms 12

Bathrooms 6.0

Family Room No

Kitchen 6

Interior

Cooling Window Unit(s)

Exterior

Parking Features Reserved/Assigned

Pool None

Roof Type Asphalt Shingle

Building

Foundation Block

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Listed by A TEAM LONDON

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Frank Lardi

Frank Lardi

Broker | License ID: 4733678

+1(416) 500-4793

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