3250 River Street, Brooke-Alvinston, ON
Property no longer active
This property was sold on January 6, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow fourplex located in the coveted neighborhood of Brooke Alvinston. Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $1,550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 125 x 134 ft lot
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Storage
- equipped with wall unit(s) central cooling and highly efficient radiant heating via electric
Description
A lucrative investment opportunity awaits with this newer fourplex built in 2024 & currently netting $97,170 per year. Low maintenance requirements, minimal property taxes & all-newer appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The buildings central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation.
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Property Summary
This fourplex located at 3250 River Street, Brooke-Alvinston is currently for sale and has been available on SousaSells for 448 days. This property is listed at $1,550,000 with an estimated mortgage of $5,159* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 3250 River Street, Brooke-Alvinston is in the Brooke Alvinston neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library
Interior Features
Air Exchanger, Auto Garage Door Remote, Storage
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3250 River Street, Brooke-Alvinston, ON N0N 1A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brooke-Alvinston, ON
For a property listed at $1,550,000 in Brooke-Alvinston, the legal minimum down payment is $310,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $27,475 for this transaction. As this listing is in Brooke-Alvinston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $27,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.