London East, ON N6A 2C3,247 Victoria ST
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London East, ON N6A 2C3,247 Victoria ST
London East, ON N6A 2C3,247 Victoria ST
London East, ON N6A 2C3,247 Victoria ST
London East, ON N6A 2C3,247 Victoria ST
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The Nunno Group

The Nunno Group

+1(416) 690-2121
$ 1,149,900
Est. payment /mo
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247 Victoria ST London East, ON N6A 2C3

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East B

MLS Listing ID X12738398

Style 1 1/2 Storey

Bedrooms 5

Annual Tax Amount $3,168

Tax Year 2025

Property Sub-Type Detached

Lot Depth 131.51

Lot Front 29.9

Property Description

Stop chasing contractors and start collecting cheques with this fully stabilized, high-yield luxury property. In an environment often limited to value-add projects and high-maintenance buildings, 247 Victoria St. stands alone as a premier investment vehicle grossing $79,500.00 per year. This is the ultimate "set-and-forget" asset for the sophisticated buyer, featuring a signed 2-year lease at $6,625.00/month beginning May 2026. Located in the heart of prestigious Old North, this home is perfectly positioned to capture the highest tier of the rental market, just steps from St. Joseph's Hospital and minutes from Western University and Fanshawe's downtown campus. Forget the burden of high condo fees and thin walls; this is five bedrooms of meticulously re-modeled luxury designed for zero capital expenditure for years to come. Every detail of this renovation has been handled with precision, from the waterproofed basement and ample garage storage to the rare 3-car driveway, a massive competitive advantage in this historic pocket. Residents enjoy the perfect balance of a peaceful residential setting and immediate proximity to the transit, cafes, and nightlife of Richmond Row. This is a rare opportunity to acquire a stabilized, low-overhead asset in London's most desirable rental corridor. If you are looking to add immediate, premium cash flow to your portfolio without the traditional landlord headaches, look no further. Investment opportunities of this caliber are a rarity in the current market. Book your private showing today and secure your position in the top 1% of the London rental market.

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Rooms

Family Room No

Basement Unfinished

Kitchen 1

Interior

Interior Features Auto Garage Door Remote, Floor Drain, On Demand Water Heater, Water Heater Owned

Cooling Central Air

Inclusions 3 Bar stools, TV in living room, Sectional couch in living room, Window coverings, Washer/dryer, 2 Refrigerators, Stove, Dishwasher, Owned on demand HW heater

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 29.9

Lot Depth 131.51

Total Parking Spaces 3

Building

Building Age 100+

Foundation Poured Concrete

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors

ParcelsYN No

Listed by PRIME REAL ESTATE BROKERAGE
The Nunno Group

The Nunno Group

Broker | License ID: 4555-00

+1(416) 690-2121

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