368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
360 Stratton Drive, London East, ON N5W 4Z7
$599,900
  • Sale
  • Fourplex
  • 10 hours ago
  • Updated: 2026-03-27

Overview

  • Fourplex
  • 8
  • 4
  • Detached/4
  • 2500-3000
  • N/A

Description

ATTENTION TO ALL INVESTORS! This solid brick 4 plex needs updates, renovations, and refurbishment. It is sold as is, where it is, with no guarantees or warranties. Present rents are way below the current rental market, due to long-term tenants. The subject property is built as a one-storey fourplex\( quad style\). A $20,000 deposit is required with an offer to purchase. Each unit is configured with a living room, dining room, kitchen, two beds, and a four-piece bath, along with full, partially finished basement levels. The basement levels include laundry, mechanical, and recreation room areas. All measurements are approximate, to be verified by the buyer. The kitchen and bathrooms are original, along with the original hardwood flooring, and cosmetically dated, and average or below average overall condition. The roof shingles are newer improvements along with various windows, and two of the four furnaces. The property has 2 driveways and a single garage. The tenants are long-term with per unit rents reported at $720, $720, $750, and $750, combining to $2940 monthly and $35,280 annually, with the tenants responsible for all utilities except the hot water heater. These rents were indicative of long-term tenancies.

Details

  • X12930336
  • Detached/4
  • $599,900
  • Tenant
  • None
  • 4 + 4
  • Bungalow
  • 8
  • 4
  • 2500-3000 Sqft
  • N/A SquareFeet
  • N/A
  • Fourplex
  • Sale

Additional details

  • Forced Air / Gas
  • R8-10
  • $5867.39
  • 2025
  • PLAN 879 LOT 14 PT LOT 15
  • N/A
  • N
  • Finished
  • None
  • Municipal

Rooms

Living RoomMain Level3.53 x 4.61
KitchenMain Level3.48 x 4.14
Primary BedroomMain Level3.48 x 3.7
RecreationLower Level3.35 x 5
BedroomSecond Level3.48 x 3.7

Schools Nearby

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Estimate Your Rental Return

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.

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Toronto · Ontario  ·  Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.

FAQ
  • What is the total square footage of the X12930336 - 360 Stratton Drive, London East, ON N5W 4Z7?

    The total square footage of this property is 2500-3000 SqFt.

  • What schools near to X12930336 - 360 Stratton Drive, London East, ON N5W 4Z7?

    .

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