OFF MARKET

Off market

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1563 Allen Pl, London, ON N5W 2V9

About this home

This home is currently off market and not for sale.

Investor Alert! Welcome to 1563 Allen Place, a well-maintained six-plex offering exceptional cash flow potential in a sought-after London location. This solid income-producing property features five 3-bedroom units and one 1-bedroom unit. Current gross annual income exceeds $102,900. The property includes an on-site coin-operated laundry (owned) for additional revenue and is self-managed, keeping operating costs low. Estimated monthly expenses average $2,238, including insurance, taxes, cleaning, hydro for common areas, and snow removal, resulting in an impressive projected NOI of $76,000 per year. Tenants enjoy spacious layouts, ample parking, and proximity to Western University, Fanshawe College, shopping, parks, and public transit, making this a highly desirable rental location with consistent demand. With stable tenants in place and rental growth on the horizon, this property is a turnkey addition to any investor's portfolio. Whether you're expanding your holdings or looking for a reliable income property in London's rental market, 1563 Allen Place offers the perfect balance of steady income, future growth, and low management overhead. Full Income/Expense Summary can be found in Documents.

Single-familyProperty Type

10 spacesParking

Source:TREB #X12463938

Market trends in Pottersburg, ON

Last updated October 2026

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

Provided by Redfin

Sale history for 1563 Allen Pl

Date

Event

Price

TREB #X12463938

Feb 7, 2026

Delisted

—

Jan 5, 2026

Price Changed

$1,239,000

Dec 17, 2025

Price Changed

$1,269,000

Oct 15, 2025

Listed

$1,295,000

+37

Property details

Around this home

Schools

0.8km

St Pius X Separate School

Public, JK-8 • Assigned

1.8km

Clarke Road Secondary School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

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Nearby similar homes

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Home values near 1563 Allen Pl

Data from public records.

Address
1555 Allen Place Apartment 5, London, ON - Beds \| - Baths \| - Sq. Ft.
1563 Allen Place Apartment 3, London, ON - Beds \| - Baths \| - Sq. Ft.
1563 Allen Place Apartment 2, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 6, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 4, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place Apartment 3, London, ON - Beds \| - Baths \| - Sq. Ft.

Address
1563 Allen Place Apartment 4, London, ON - Beds \| - Baths \| - Sq. Ft.
1563 Allen Place Apartment 6, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 2, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 1, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place Apartment 1, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place Apartment 4, London, ON - Beds \| - Baths \| - Sq. Ft.

Address
1563 Allen Place Apartment 5, London, ON - Beds \| - Baths \| - Sq. Ft.
1563 Allen Place Apartment 1, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 3, London, ON - Beds \| - Baths \| - Sq. Ft.
1559 Allen Place Apartment 5, London, ON - Beds \| - Baths \| - Sq. Ft.
1562 Allen Place, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place Apartment 2, London, ON - Beds \| - Baths \| - Sq. Ft.
1567 Allen Place Apartment 6, London, ON - Beds \| - Baths \| - Sq. Ft.

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