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2 + 2
BEDROOMS 3
BATHROOMS 1 + 1
KITCHENS 4 + 5
ROOMS X13243428
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Property Description
Vacant and ready for immediate possession! The tenants have officially moved out, meaning you can close and move right in without waiting. This home is the absolute perfect opportunity for house hacking. If you choose to live in the smaller front unit and rent out the second unit, you could enjoy a net mortgage payment of just $1,180 per month with a minimal down payment of only 5.6%- less than rent!What truly sets this property apart is the complete separation between the units (each has it's own furnace, a/c, and water heater) and extensive sound insulation on the one shared wall. And, reduce your long-term maintenance costs with the extensive capital renovation completed in 2021. Updated with new:-exterior siding; -new decks for each unit, complete with natural gas BBQ connections and the BBQs included;-reworked plumbing and electrical, including a separate 2nd panel;-2x forced-air furnaces; -2x hot water heaters, - and every major appliance replaced (washers, dryers, fridges, stoves)Each unit is outfitted with its own full kitchen, over-the-range microwave, and in-suite washer and dryer. Don't miss out on this rare, worry-free opportunity to live affordably while building effortless equity.
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Property Features
Water Heater Owned, Private Double, Smoke Detector
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Property Details
Address
163 Emerson Street
Community
City
Postal Code
N5Z 3L5
Property Type
Duplex, Duplex
Zoning
R2-3
Lot Size
40' x 158'
Acreage
6,243.0 Feet
Taxes
$3,671 (2025
Basement
Partially Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Right At Home Realty
Investors & First-Time Buyers - Don't Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space-perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard-one of the largest in the area-complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you'll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it! **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Conveniently located just steps from Old South, this Licensed two-unit property offers an excellent opportunity for investors or owner-occupiersalike. The spacious main floor unit features two bedrooms, updated flooring throughout, a large kitchen, a generous 4-piece bathroom, and abright living room with bay window. The dining room, which can also serve as a second bedroom, provides access to the large backyard anddeck-perfect for relaxing or entertaining. The upper-level apartment offers one bedroom, a 4-piece bathroom, and an open-concept living areaadjoining the kitchen. A separate entrance to the basement provides access to shared laundry facilities serving both units. Outside, enjoy adetached garage, ample parking, and a spacious yard rare for this sought-after neighbourhood. Located close to parks, schools, public transit, downtown, and all that Old South has to offer, this income property combines location, flexibility, and investment potential.
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Freshly relisted and priced for today's market. This up/down duplex offers flexibility for owner-occupiers, first-time buyers, and investors looking for an attainable entry into the London market. The upper 2-bedroom unit is vacant, allowing a buyer to move in, choose their own tenant, or reset the rental terms. Qualified owner-occupant buyers may be able to purchase with approx. $25,000 down, OAC. The property features two self-contained units with private entrances, separate hydro meters, and shared laundry. The main floor unit includes 9' ceilings, stainless steel appliances, and additional finished basement space with a rec room and den. Parking for up to 6 vehicles, generous yard space, and potential for future garage development add practical value and long-term upside. A solid opportunity for buyers seeking income support, flexibility, and room to grow.
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Welcome to 737 William Street, a beautiful legal duplex that could also serve as an incredible single-family home, offering timeless characterand modern versatility. On a private, mature treed lot, nestled between between historical Woodfield and Old North, this property combinescharm, function, and flexibility. It's perfect and ready to go for multi-generational families, anyone seeking a home with income potential andmakes a phenomenal long term investment. With parking for five vehicles, two in the front driveway and three more off the rear laneway, thishome offers convenience and space rarely found in the center city. The main floor unit features two spacious bedrooms and showcases thehomes character with original wood trim, high ceilings, and an abundance of natural light. The inviting layout includes access to a full basement,providing excellent storage. Step outside to enjoy the incredible covered front porch for morning coffees, or the expansive deck that stretchesacross the whole back of the house and wraps around the side. An ideal spot to relax, entertain, and listen to the birds in the peaceful tranquility.The upper one-bedroom apartment is bright and charming, highlighted by a gas fireplace, large windows, and a skylight that fills the space withnatural light. It offers a private deck overlooking the trees and gardens, a separate dining area, a cozy living room, and an office workstationnook, perfect for todays work from home lifestyle. Additional features include two fridges, two stoves, one dishwasher, two washers, two dryers,and a garden shed for extra storage. From the moment you step through the solid wood front door, you'll be captivated by the warmth, detail, andcharacter that make this property truly special. With its versatility, great location, and undeniable charm, 737 William Street is a rare opportunityto own a home that fits your lifestyle, whether as a stunning single-family residence or perhaps an income-generating duplex.
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Amazing duplex located in the desirable Woodfield District. This property offers a fantastic opportunity for investors seeking rental income from both units, or for homeowners looking to live in one unit while renting out the other. The main unit features three bedrooms and one bathroom, along with a charming covered front porch facing west-perfect for enjoying evening sunsets. At the rear, you'll find an enclosed sunroom that provides additional living space and year-round enjoyment. The lower-level unit includes two spacious bedrooms and an open-concept layout with a living and dining area, complemented by newly installed kitchen cabinets. The property also features a detached garage currently used for storage, as well as a large backyard offering plenty of outdoor space. With its prime location near parks, schools, and main bus routes, this property has tremendous potential.
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Fantastic opportunity for first-time buyers and investors alike! This charming yellow brick duplex in London's vibrant Old East Village offers the perfect chance to offset your mortgage with rental income or add a solid investment property to your portfolio. The upper unit will be vacant as of September 1st, making it ideal for an owner-occupier or for setting your own market rent. This bright and spacious 2-bedroom unit features a unique layout with one bedroom on the main floor and a second bedroom upstairs. The upper unit also offers its own private laundry, electric baseboard heating with the added comfort and charm of a gas fireplace. The lower unit is occupied by excellent month-to-month tenants who are currently paying $1,083 per month and would love to stay. This self-contained unit includes its own separate laundry and forced air gas heating. Both units are separately metered for hydro and gas, with tenants currently paying their own utilities. Water and water heater rentals are paid by the owner. Recent updates include the roof being redone in three phases between 2018 and 2021, a refinished bathtub in 2023, a new washer in 2023, a new gas fireplace insert in 2025, and a newly rebuilt deck in 2026.With separate utilities, private laundry for each unit, and the flexibility of a soon-to-be vacant upper unit, this property offers exceptional value and versatility. Whether you're looking to live in one unit while generating rental income from the other, or seeking a turnkey investment in a growing neighbourhood, 631 Elias Street is an opportunity you won't want to miss. Conveniently located close to downtown, public transit, schools, parks, and all the shops, cafés, breweries, and restaurants that make Old East Village one of London's most exciting and evolving neighbourhoods.
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