1438 BECKWORTH Avenue · 6-unit multifamily

1438 BECKWORTH Avenue is a 6-unit 6-unit multifamily in London, ON, asking $1,750,000 — $291,667 per door.

That lands inside the London band of $210k - $360k per door, so the ask is not the thing that decides this deal — the rent roll is. London cap rates screen 4.5% - 5.8% and average rent runs about $1,900 a door.

At 6 units this is a commercial file: five or more units can be underwritten for CMHC MLI Select, where energy, affordability, and accessibility points decide the tier and the leverage. Below that tier the insured stack you modeled may not exist.

London is useful for student and small-multifamily strategies, but management and licensing drive outcomes. Investor demand reads medium, vacancy balanced.