London Avenue

For sale: Price is negotiable

57 bedrooms

The portfolio consists of 57 residential properties located on London Ave, Diver Belt Drive, Inkerman Ave and Ortona Circle in Picton, Ontario. The residential properties are a variety of family homes ranging in age and with some variances in construction. Number of beds is 168. There are some two-storey single family homes and semi-attached homes, some single storey single family homes and one single storey triplex in the portfolio. The homes are wood framed, clad with vinyl siding and have sloped shingled roofs. Most of the homes were constructed in 1950’s with some newer homes constructed in 2013 and the triplex constructed in 2015. The units do not have garages however they do have paved driveways and most are provided with an exterior shed for storage.  The disposition represents a rare opportunity for investors to acquire a portfolio of rental properties with upside rent potential to either hold long term as a rental portfolio or as a buy and sell off program over a 10-year horizon.
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