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Main Photo: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 1: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 2: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 3: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 4: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 5: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
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Photo 27: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 28: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
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Photo 34: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 35: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 36: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 37: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Photo 38: 51 Stanley Street in Middlesex: South F Commercial for sale (London South)  : MLS®# X12284672
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12284672
Bus Major:
Apts - 2 To 5 Units
Attention Investors - Multi family - Fourplex on Stanley Street. Consists of 4 one bedroom apartments - 2 on the main and 2 upper units - all with living room, kitchen, bathroom and one bedroom. Includes fridge and stove in each unit - washer and dryer on the lower level. Separate hydro meters. Rental income Main level Apt 1 approx 527 Sq Ft with income of $930 + hydro. Main level Apt 2 approx 560 sq ft with income of $885 + hydro. Second Level Apt 3 approx 340 Sq Ft with income of $703 includes hydro and Second level Apt 4 approx 525 Sq Ft now vacant with income potential of $1300 + hydro. 24 hours for showings please. Parking available at the front and rear of the home. Close to the amenities of downtown London and Wortley Village!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
2300 sq. ft. Square Feet
Total Area:
2,300 sq. ft.
Depth:
132'
Frontage:
33'
Lot Shape:
Rectangular
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
R3-2
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
4
Possession Details:
Flexible
Lot Irregularities:
irregular
HST Applicable To Sale Price:
Included In
Assessment:
$236,000
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$3,713 / 2024
Assessment:
$236,000.00 / 2024
London South
South F
Middlesex
Public Transit
Hot water heater
Refrigerator and Stove in each apartment, Washer and Dryer in lower level
All items belonging to the Tenants
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Chattels:
Yes
Outside Storage:
No
Date Listed:
Jul 15, 2025
Original Price:
Previous Price:
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Listed by SUTTON GROUP PREFERRED REALTY INC.
Data was last updated July 16, 2025 at 08:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.