22 PALACE St

London

22 PALACE St
22 PALACE St
22 PALACE St
+32
4+4
 bed
2
 bath
4
 parking
2500 - 3000
 sqft
Duplex
$799,900
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$799,900
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Size
-
Lot size
395.21 sqm
Street frontage
E
Possession
FLEX
Price per sqm
$2,867 - $3,448
Taxes
$4,500.39 (2023)
Parking Type
-
Style
2-Storey
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Description
Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College.

EXTRAS:
Broker: COLDWELL BANKER POWER REALTY
MLS®#: X9051374
Property details
Parking:
4
Parking type:
-
Property type:
Duplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
232-279 sqm
Lot front:
13.72 M
Lot depth:
28.65 M
Listed on:
Jul 24, 2024
Show all details
Rooms
LevelNameSizeFeatures
Main
Living
1.9 x 2.1 m
Main
Kitchen
1.2 x 1.0 m
Main
Br
1.0 x 0.9 m
Main
2nd Br
1.2 x 1.2 m
Main
3rd Br
1.4 x 0.9 m
Main
4th Br
1.0 x 0.9 m
Main
Bathroom
1.2 x 0.5 m
4 Pc Bath
Lower
Living
1.8 x 2.1 m
Lower
Kitchen
1.2 x 1.0 m
Lower
5th Br
0.9 x 1.0 m
Lower
Br
1.0 x 0.9 m
Lower
Br
1.4 x 0.9 m
Instant estimate:
orto view instant estimate
$24,736
lower than listed price
i
High
$824,965
Mid
$775,164
Low
$754,076
Sasha Bastani
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9051374
Listed by COLDWELL BANKER POWER REALTY

About 22 PALACE St

22 Palace St is a London duplex for sale right off North on Adelaide towards Princess Ave, West of Adelaide St, South of Central Ave. It has been listed at $799900 since July 2024. This 2500-3000 sqft duplex has 4+4 beds and 2 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this duplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.