250 Greenwood Avenue
London South, ON
- 2,636 sqft
- Investment
- 132 days on market
Rare opportunity to own a purpose-built fourplex in one of London's most desirable pockets - this well-maintained investment property features four spacious two-bedroom units, each with their own full basement, offering tenants the kind of space and privacy they desire. Three units currently occupied by quality, long-term tenants providing immediate, stable income, with one vacant unit ready for you to set at market rent from day one. Inside, you'll find hardwood floors, eat-in kitchens, and bright generous layouts throughout, with two units boasting additional finished space in the lower level. Each unit has its own gas and hydro meter, keeping operating costs clean and simple. Four parking spaces, some newer windows, updated furnaces, and a 2015 roof round out the mechanical picture. Step into the backyard and you'll understand what make this location special - a private, serene setting overlooking The Cove, the kind of outdoor amenity that attracts and retains great tenants year after year. With a neighbourhood well-served by public transit and green space, and one vacant unit ready to set at market rent from day one, this is a turnkey asset with genuine upside potential.
Listing Details
- Taxes (2025)
- $6,354
- Listed
- April 20, 2026
Price History
Listing history
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Property
- Age
- 51-99
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Springbank Drive
- Zoning
- R3-2
- Parcel Number
- 083940573
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- Refrigerator & Stove x 4, Garden Shed
- Exclusions
- All belongings of the tenants (including washer and dryers, gazebo in backyard)
- Rental Items
- Hot Water tank X 4
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area N6J
- Population
- 27,497
- Private dwellings
- 13,174
- Median age
- 43.6
- Average household size
- 2.1
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London South · last 12 months
- Median sold price
- $585,000
- Homes sold
- 1,883
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,883 recorded sales of commercial properties in London South over the last 12 months.
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,636 sq ft
- Price per sq ft
- $360.39
- Annual property tax
- $6,354
- Tax per sq ft
- $2.41
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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