REMAX Hallmark®
Back to Commercial Listings
$875,000

581 William St S

London East, Ontario

581 William St S photo 1
1 / 20

Sqft

3,200

Type

Investment

About this Property

Outstanding investment! 7 Vacant Units Name your own rents! In the heart of Woodfield!This legal seven-unit residential building is ideally situated at the corner of William Street and Central Avenue, close to Richmond Row , Victoria Park, Central Medical Complex , .All seven units are currently vacant, giving a new owner the opportunity to renovate, reposition and establish current new Rents with potential to produce $9100 Monthly or $109,000,00 Anualy. The property features seven separately metered units, plus an additional house hydro meter. Parking is available at both the front and rear of the property, with additional street parking nearby.The units require updating and TLC, providing excellent potential to enhance the building and create strong future revenue. This is an ideal addition to an investment portfolio, or an excellent opportunity for an owner-occupier to live in the spacious front unit while generating income from the remaining six apartments.VTB possibly available to approved individuals , Some pictures have been AI enhanced

Listing Details

MLS #
X14129506
Board
PROPTX
Market
ontario
Property Type
Investment
Style
Apartment
Year Built
51-99
Garage
None
Heating
Baseboard
Cooling
N
Lot Size
45.8 × 75.27 ft
Annual Taxes
$14,445/yr
Listed By
NU-VISTA PINNACLE REALTY BROKERAGE INC
Listed On
October 26, 2026

Request information

A REMAX Hallmark® representative will follow up with you.