Size
-
Lot size
9958 sqft
Street frontage
-
Possession
2026-12-11
Price per sqft
$479 - $653
Taxes
$6,165.79 (2026)
Parking Type
-
Style
Bungalow
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Description
Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties.
Broker: RE/MAX CENTRE CITY REALTY INC.
MLS®#: X13818204
Property details
Parking:
6
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
1100-1500 sqft
Lot front:
65 Ft
Lot depth:
151 Ft
Listed on:
Sep 23, 2026
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Instant estimate:
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$1,164
higher than listed pricei
High
$755,122
Mid
$719,164
Low
$683,205
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