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376 Burwell Street in London East for sale

MLS #:
X13506184
Type:
Multiplex, 2-Storey
Approx. SQFT:
3500-5000
Basement:
Unfinished
11 11
56 x 77.4 ft lot
PROPERTY HISTORY
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
Presenting an opportunity to acquire a 7-unit multifamily property package in the heart of downtown London. This offering includes both a triplex and a fourplex, providing immediate cash flow with long-term value-add potential. The unit mix consists of four 2-bedroom units and three 1-bedroom units, appealing to a broad tenant base. Four units have been fully renovated with modern upgrades, delivering strong rental appeal and reduced near-term maintenance, while the remaining three units offer clear upside through cosmetic and functional improvements. Currently operating at a 6.9% cap rate, the property provides solid in-place returns with additional income growth potential as rents are brought to market and value-add improvements are completed. Shared on-site laundry adds tenant convenience while generating supplemental income. Ideally located just steps from London's downtown core, tenants benefit from close proximity to transit, shopping, dining, employment hubs, and post-secondary institutions-factors that support consistent rental demand and low vacancy. For investors seeking a balance of stability and upside, this asset offers a compelling opportunity to acquire a partially renovated multifamily property with multiple pathways to grow both equity and cash flow at a STEAL of a price!

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  • Date Listed: Tuesday, June 30, 2026
  • Listing Brokerage: Prime Real Estate Brokerage - Disclaimer: The information contained in this listing has not been verified by Prime Real Estate Brokerage and should be verified by the buyer.
  • City: London East

    More 11 bedrooms homes for sale in London East

  • Neighbourhood: East G
  • Major Intersection: Burwell / King
  • Full Address: 376 Burwell Street, London East, N6B 2W2, Canada, ON, Canada
  • Amenities:
  • Taxes: $8,332.00 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.