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98 Elmwood Avenue E
South G London South N6C 1J5

$999,999 /For Sale
Commercial

Main Photo: 98 Elmwood Avenue E in London South: South G Commercial for sale : MLS®# X14147932
Photo 1: 98 Elmwood Avenue E in London South: South G Commercial for sale : MLS®# X14147932
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14147932
Bus Major:
Apts - 6 To 12 Units
"Nestled in the heart of coveted Wortley Village, this character-filled 6-plex offers an incredible investment opportunity on an expansive lot spanning nearly half an acre. The well maintained property features three charming one-bedroom units, two bachelor units and one spacious two-bedroom unit, combining rich architectural appeal with exceptional income potential. Complete with a detached one-car garage that provides ideal private storage for an owner or property manager, this prime London, Ontario gem presents endless possibilities for value addition, future development, or long-term growth in one of the city's most vibrant neighborhoods.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
3309 sq. ft. Square Feet
Total Area:
3,309 sq. ft.
Lot Depth:
260'2"
Lot Frontage:
78'2¾"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R2-2
Heating type:
Water Radiators
Garage:
Single Detached
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Assessment:
$593,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$10,241.76 / 2026
Assessment:
$593,000.00 / 2026
Middlesex
London South
South G
No
None
All appliances
Tenant Belongings
Utilities:
Yes
Energy Certification:
No
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Net Income Before Debt:
$66,503
Expenses Actual/Estimated:
Actual
Heating Expenses:
$3,223.48
Hydro Expenses:
$3,854.26
Insurance Expenses:
$5,224
Tax Expenses:
$10,241
Year Expenses:
2026
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
Date Listed:
Nov 04, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE TRILAND REALTY
Data was last updated November 4, 2026 at 05:15 PM (UTC)
DARYL  KING
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