3250 River Street

Nestled in the charming community of Brooke-Alvinston, this exceptional Multi-Family Home for sale in Brooke-Alvinston at 3250 River Street, Brooke-Alvinston presents a remarkable investment opportunity that should not be overlooked. This modern fourplex, constructed in 2024, is currently generating an impressive annual income of £97,170. With low maintenance requirements and minimal property taxes, this property is designed to keep expenses to a minimum while maximising profitability for its owner.

The building, a stylish bungalow-style multiplex, boasts a hardboard exterior that is both durable and aesthetically pleasing. Each of the four units measures approximately 1,000 square feet, providing ample space for comfortable living. Inside, you will find a modern four-piece bathroom, a spacious kitchen complete with an island, and an oversized bonus room that can be adapted to suit various needs. Additionally, each unit features a convenient laundry closet and a rear cement patio, perfect for enjoying the outdoors. This Multi-Family Home for sale in Brooke-Alvinston truly caters to the needs of its residents.

The property is equipped with a wall unit air conditioning system, ensuring a comfortable environment during the warmer months. While there is no fireplace to add to the ambience, the radiant heating system provides warmth and comfort throughout the colder seasons. The home is unfurnished, allowing new owners the freedom to personalise each unit to their taste. With a total of six rooms in each unit, including one bedroom and a family room, this property is well-suited for a variety of tenants.

Located at 3250 River Street, Brooke-Alvinston, this Multi-Family Home for sale in Brooke-Alvinston offers a wealth of features that enhance its appeal. The attached garage, which is finished and heated, adds both convenience and value to the property. With a private driveway and parking space for one vehicle, residents will find it easy to come and go as they please. The lot measures an impressive 125 x 134 feet, with additional land of less than half an acre, providing plenty of outdoor space for activities or potential future developments.

One of the standout features of this property is its central location within southwestern Ontario. It provides easy access to numerous markets, including London, Strathroy, Sarnia, and Chatham. This prime positioning not only enhances the desirability of the property but also ensures a steady stream of potential tenants seeking quality rental accommodations. All units come with signed leases and are rented plus utilities, further securing the investment's profitability.

The absence of a central vacuum system and a pool may be noted, but these features are easily outweighed by the numerous advantages this Multi-Family Home for sale in Brooke-Alvinston offers. The modern design and thoughtful amenities are tailored to meet the demands of today’s renters, ensuring that the property remains competitive in the rental market.

In conclusion, this Multi-Family Home for sale in Brooke-Alvinston at 3250 River Street, Brooke-Alvinston is a lucrative investment opportunity that combines contemporary living with financial viability. With its newer construction, low maintenance requirements, and strategic location, this property promises not only a steady income stream but also long-term value appreciation. Don’t miss your chance to own this remarkable property in the heart of Brooke-Alvinston, where quality living meets investment potential.

Brooke-Alvinston, located in southwestern Ontario, is a charming and picturesque community that seamlessly blends rural tranquillity with a welcoming small-town atmosphere. Nestled amidst rolling farmlands and lush landscapes, this quaint area offers a serene lifestyle, perfect for those seeking a peaceful retreat from the hustle and bustle of city life. Residents enjoy a close-knit environment, with local amenities such as shops, parks, and recreational facilities that cater to both families and individuals alike. The community is steeped in rich agricultural heritage, making it an ideal place for nature enthusiasts and those who appreciate the beauty of the countryside. With its friendly atmosphere and strong sense of belonging, Brooke-Alvinston is a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near Brooke Central Public School, which offers a strong educational foundation for families. Situated just 2.5 km away, this elementary school is part of the Lambton Kent District School Board and provides a bilingual learning environment, with programs available in both English and French. The school serves students from Full-Day Kindergarten (FDK) through to Grade 8, catering to a diverse range of educational needs. With a school rating of 6.4, Brooke Central Public School is recognized for its commitment to academic excellence and community involvement. The close proximity of this school makes it an ideal choice for families seeking quality education for their children while enjoying the convenience of nearby amenities. Whether you prefer an English or French language program, this school’s offerings ensure that students receive a well-rounded education in a supportive environment. Investing in this property not only secures a comfortable home but also places you within reach of a reputable school, enhancing the overall appeal for families looking to settle in the area.