Unknown for 7 MARMORA St, London Ontario N5Z 1Z4
49 days on Market

7 MARMORA St, London, Ontario N5Z 1Z4

Townhouse
4
3
- sqft
$574,900
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Townhouse
4
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,469/mo

Tax Amount (2024)$3,508/yr

Days On Market49 days

Description

Amazing Investment Opportunity! This triplex at 7 Marmora has over 6% Cap Rate. All three units are rented at market rents with reliable, A+ tenants. Nestled on a quiet street, this property boasts a generous 165-foot deep lot providing ample parking and a good-sized backyard to enjoy. Conveniently located near bus routes, schools, downtown, and easy access to highway 401. This triplex is perfectly situated to enjoy all the amenities the area has to offer including Kelloggs Lane Entertainment Complex, the Western Fair and tons more. ESA and Final Building Permit completed after recent updates. Don't miss this great opportunity with over $47,000 in rental income!

Property Details

Style2-Storey
ViewCity
Age of property-
SqFt-
Lot Size5,752 SqFt(165.45 x 34.77)
Parking Spaces4
MLS ®NumberX12028372
Community NameHamilton Road
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance

Features

Lot size: 5,752 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4

Property listed by ROYAL LEPAGE TRILAND REALTY, Brokerage
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Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

82 days

Compared to

2024

14 days

2023

12 days

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

5 listings

2023

2 listings

2022

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$490,000

Compared to

2024

$560,000

2023

$387,500

Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

50 to 64
23%
20 to 34
22%
35 to 49
20%
0 to 19
20%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

Schools and amenities

Estimated Budget