Lucan Biddulph, ON N0M 2J0,195 Main ST
Lucan Biddulph, ON N0M 2J0,195 Main ST
Lucan Biddulph, ON N0M 2J0,195 Main ST
Lucan Biddulph, ON N0M 2J0,195 Main ST
Lucan Biddulph, ON N0M 2J0,195 Main ST
Lucan Biddulph, ON N0M 2J0,195 Main ST
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$ 799,000
Est. payment | /mo

6 Beds

4 Baths


Save
$ 799,000
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Lucan

MLS Listing ID X12506676

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,107

Tax Year 2025

Property Sub-Type Fourplex

Property Description

We are super excited to present this rare 4-plex opportunity in the thriving and sought-after town of Lucan! Whether you're an investor looking for a solid income property or a buyer hoping to offset your mortgage, this versatile building is packed with potential. This unique property features three 1-bedroom units ranging from 550 to 650 finished square feet and a spacious 3-bedroom 2 bathroom (including an ensuite) apartment with 1,571 sq. ft. of finished living space, plus an additional 375 sq. ft. in the basement. The possibilities are endless thanks to the commercial zoning, which allows for a wide variety of uses. Live in the large 3-bedroom unit and rent out the remaining apartments, or lease out all four for maximum income. The current scheduled gross annual income is $62,748, making this an attractive investment from day one. A garage and basement storage add even more value for the owner. Located just 20 minutes from London and a short drive to Grand Bend, Lucan has become a highly desirable place to live and invest. The town offers a full suite of amenities, including a brand-new grocery store, McDonald's, Dollarama, and the ever-popular Chuck's Roadhouse. It's also well-known as a great place to raise a family, with multiple parks, soccer fields, baseball diamonds, and a vibrant community centre and arena. This is a rare chance to own a strong income-generating property in a growing community with incredible future upside. With flexible zoning, strong rental income, and a fantastic location, this property checks all the boxes. Don't miss your chance, book your private showing today and explore all the ways this exceptional property can work for you!

Location

Province ON

County Middlesex

Community Lucan

Area Middlesex

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features Accessory Apartment

Cooling Central Air

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 142.16

Total Parking Spaces 6

Building

Foundation Concrete

Others

ParcelsYN No

Listed by EXP REALTY
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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