Size
-
Lot size
-
Street frontage
-
Possession
2025-04-27
Price per sqft
$545 - $857
Taxes
$4,169 (2024)
Parking Type
-
Style
Bungalow
See what's nearby
Description
INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential.
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X12044473
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
45 Ft
Lot depth:
115 Ft
Listed on:
Mar 27, 2025
Show all details
Rooms
Level | Name | Size | Features |
---|---|---|---|
Lower | Kitchen | 14.7 x 14.7 ft | |
Lower | Primary Bedroom | 12.3 x 13.1 ft | |
Main | Bedroom | 9.9 x 10.2 ft |
Show all
Instant estimate:
orto view instant estimate
$15,496
higher than listed pricei
High
$645,190
Mid
$615,396
Low
$584,064
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.