77 Blackfriars Street

Introducing a remarkable opportunity for investors, this Multi-Family Home for sale in London is situated at 77 Blackfriars Street, London. This exceptional property is a licensed rental establishment, featuring two self-contained units that are perfect for generating a steady cash flow. The prime location in North London, specifically at 77 Blackfriars Street, London, ensures that residents have easy access to a variety of amenities, including parks, shopping centres, public transport, and entertainment options.

The upper unit of this Multi-Family Home for sale in London encompasses both the Main Floor and the 2nd Floor. It boasts an impressive layout with four spacious bedrooms, providing ample room for families or groups of tenants. The unit also features two bathrooms—one with a four-piece suite and the other with a three-piece suite—ensuring convenience and comfort for its occupants. The large living room is bathed in natural light, creating a welcoming atmosphere, while the functional kitchen is ideal for preparing meals, although specific details about the kitchen are not provided.

In addition to the upper unit, the basement unit of this Multi-Family Home for sale in London includes one bedroom and a four-piece bathroom. This unit is designed to be cosy and inviting, with a comfortable living room and a large eat-in kitchen, making it an attractive option for potential tenants. Both units have been thoughtfully updated and are carpet-free, which not only enhances their aesthetic appeal but also makes them easier to maintain. Each unit benefits from its own private laundry facilities, adding to the convenience for residents.

The property is equipped with central air conditioning, ensuring a comfortable living environment throughout the year. For those chilly London winters, the presence of a fireplace adds a touch of warmth and charm to the living spaces. The heating system utilises forced air and natural gas, providing efficient warmth during colder months.

While this Multi-Family Home for sale in London does not include a pool, it offers a full, finished basement that can serve various purposes, depending on the needs of the tenants. The exterior of the property does not feature any specific details, but the lot measures an impressive 41 by 88 feet, providing ample outdoor space. The property is situated on less than 0.5 acres, making it manageable yet spacious enough for outdoor activities.

Parking is another significant advantage of this property, as it includes space for up to three vehicles, thanks to the private drive that is single wide. This feature is particularly beneficial in a bustling city like London, where parking can often be a challenge. However, it is worth noting that there is no garage space available at this property.

77 Blackfriars Street, London, is ideally located in a community that offers a wealth of amenities and services. The proximity to parks and recreational areas makes it an attractive option for families and individuals alike. The nearby shopping facilities ensure that residents have access to everyday necessities, while the availability of public transport options enhances connectivity to the rest of London.

In summary, this Multi-Family Home for sale in London at 77 Blackfriars Street, London, presents an excellent investment opportunity. With its two self-contained units, updated features, and prime location, it is poised to attract a variety of tenants. Currently rented for $4,412 per month, this property promises a lucrative return on investment. Don't miss out on the chance to own a piece of real estate in one of London's desirable areas.

North N, located in the vibrant city of London, is a diverse and dynamic area that offers a unique blend of urban living and green spaces. Characterised by its eclectic mix of residential neighbourhoods, North N features a variety of architectural styles, from charming Victorian terraces to modern apartment complexes. The area is well-connected by public transport, making it easy to access central London while still enjoying a more relaxed atmosphere. With an array of local shops, cafes, and parks, North N provides a welcoming environment for residents who appreciate both the hustle and bustle of city life and the tranquillity of nature. Whether you're seeking cultural experiences, recreational activities, or a sense of community, North N has something to offer everyone.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Jeanne Sauve French Immersion School, just 0.1 km away, offering grades 1 to 8 with a commendable rating of 8.2, focusing on French language studies. Eagle Heights Public School, an elementary school rated 4, is also nearby at 1.0 km, serving grades JK to 8 in English. For secondary education, London Central Secondary School is 1.4 km away but has a rating of 0, indicating potential concerns. Sir Frederick Banting Secondary School, located 3.7 km from the property, offers French language studies for grades 9 to 12 with a rating of 5.9. Additionally, St. Michael Catholic School, 2.2 km away, provides Catholic education for JK to 8, but has a rating of 0. Catholic Central High School, 1.9 km from the property, serves grades 9 to 12 but also carries a rating of 0. Overall, this area offers a mix of educational options, with a strong emphasis on French immersion and public schooling, appealing to diverse educational preferences.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 669 residents, with an average household size of 2.1 individuals. The community is relatively young, with an average age of 38.5 years. The average household income stands at $64,500, although 18.8% of the population lives below the low-income threshold. The real estate market reflects an average property price of $440,000, with a notable percentage of residents being single (61.79%) and a smaller portion of households (16.67%) having children. The demographic also includes a significant immigrant population, comprising 18.25% of residents. Renters make up a majority at 53.97%, while condominiums represent 4.76% of housing options. Education levels are high, with 63.33% of residents holding a college or university degree. However, there is a considerable portion of the population (38.33%) that is not actively participating in the labor force. This demographic snapshot indicates a diverse and educated community with a mix of singles and families, alongside a significant rental market and a notable number of immigrants.