Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$527 - $828
Taxes
$4,169 (2024)
Parking Type
-
Style
Bungalow
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Description
INVESTORS! You're not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.7% 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®#: X12198653
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:
Jun 5, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Lower | Kitchen | 14.7 x 14.7 ft | |
Main | Bedroom | 9.3 x 10.2 ft | |
Main | Kitchen | 11.6 x 13.6 ft |
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Instant estimate:
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$30,109
lower than listed pricei
High
$576,409
Mid
$549,791
Low
$521,799
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