Size
-
Lot size
422.34 sqm
Street frontage
W
Possession
Flexible
Price per sqm
$3,494 - $4,676
Taxes
$3,095 (2024)
Parking Type
-
Style
Bungalow
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Description
Discover this prime investment property in a highly desirable area of South London, just minutes from Highway 401 for ultimate convenience. Perfect for investors, homeowners looking to generate rental income, or those eager to house hack, this duplex offers incredible potential with vacant possession available from April 1st. The property features two well-designed units: a spacious main floor unit with 3 bedrooms and 1 full bath, and a cozy basement unit with 2 bedrooms and 1 full bath. Both units come with the added convenience of private laundry, making it an attractive choice for tenants.With a current rental income of $4,200 per month plus utilities, and both units becoming vacant soon (main floor: end of February, basement: end of March), you have the opportunity to maintain or even improve the rental potential with new tenants. Alternatively, you can live in one unit and rent out the other, significantly offsetting your mortgage and housing costs. Situated in a sought-after neighborhood, this property attracts quality tenants and offers easy access to major amenities, schools, parks, and transit. Whether youre an investor, a first-time homebuyer, or looking for a multi-family setup, this duplex is a fantastic opportunity to build equity and reduce housing expenses in a thriving area. Dont miss out on this versatile property book your showing today and envision the possibilities!
EXTRAS:
EXTRAS:
Broker: GOLD EMPIRE REALTY INC.
MLS®#: X11930484
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
139-186 sqm
Lot front:
13.72 M
Lot depth:
30.48 M
Listed on:
Jan 19, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living | 1.6 x 1.2 m | |
Main | Kitchen | 0.9 x 1.1 m | |
Main | Dining | 0.8 x 1.3 m | |
Main | Br | 0.8 x 1.0 m | |
Main | 2nd Br | 0.9 x 1.1 m | |
Main | Prim Bdrm | 1.2 x 1.0 m | |
Main | Bathroom | 0.6 x 0.8 m | 3 Pc Bath |
Bsmt | Family | 1.6 x 2.1 m | |
Bsmt | Kitchen | 1.1 x 1.6 m | |
Bsmt | Bathroom | 0.6 x 0.7 m | 3 Pc Bath |
Bsmt | Br | 0.9 x 1.0 m | |
Bsmt | 2nd Br | 1.2 x 1.1 m |
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Instant estimate:
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$9,687
lower than listed pricei
High
$671,209
Mid
$640,213
Low
$607,618