140 RIDOUT STREET S — London South (South F), Ontario

Completely Renovated 5 Unit Investment Property. This is an Exceptional investment opportunity in the heart of Old South London. This purpose-built apartment building features five spacious one-bedroom units, each with its own private deck or patio space. Ideally located within walking distance to Downtown London and the vibrant charm of Wortley Village, this property offers an unbeatable blend of location, lifestyle, and long-term investment potential.The renovated, bright units showcase modern kitchens with brand new countertops, contemporary bathrooms, spacious bedrooms, and the convenience of in-suite laundry. Open-concept living and dining areas are filled with natural light through large windows, creating inviting and functional living spaces tenants will appreciate.Voted one of Canada's best neighbourhoods, Wortley Village is just steps away and offers boutique shopping, local cafés, restaurants, and a true community atmosphere. For professionals and healthcare workers, the property is also conveniently located just moments from Downtown London and Victoria Hospital, offering the perfect balance of urban accessibility and residential tranquility.This well-maintained property has seen numerous capital upgrades over the years, including a new roof (2021), updated windows (2016-2017), new eavestroughs (2023), added attic insulation to R50, and a mid-efficiency boiler. Additional improvements include new fire-rated doors and sprinkler systems installed in the basement for enhanced safety and compliance.The fully paved rear yard provides ample on-site parking, adding further convenience and value. A rare opportunity to add a turnkey multi-unit property in one of London's most sought-after neighbourhoods to your real estate portfolio. (id:63357)