167 Rectory St

A Great Investment Opportunity 100 Mamelon Street, London Located on a quiet, mature street, the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9-foot ceilings throughout. The main floor also offers a large eat-in kitchen with vinyl-clad windows and a 4-piece bathroom.Venturing downstairs, you'll find a finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home.In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling.What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless.Whether you're an investor seeking a turnkey opportunity or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates.Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference.Don't miss out on this rare chance to own a versatile property. Contact us today to schedule a viewing and seize this remarkable investment opportunity.

Nice property needs full renovations, it's not liveable located on bus routes, close to downtown, a 5-min drive to hospital or a 10-minute drive to the 401.

Charming license up/down duplex in the heart of Old East Village! Steps to coffee shops, Western Fair Market, craft breweries, Boyle community centre, playground, transit links and more. Solid brick home features a bright one bedroom on the main, and an upper unit occupied by reliable, professional tenants who would like to stay. Vacant main floor unit provides an opportunity for an owner - occupied home with mortgage helper, or bring your own tenants. Upper unit is currently used as a one bedroom but could easily be converted to a two bedroom. This house also has the potential to be converted back to a single family home. Large main floor bathroom has plenty of space for a tub or in-suite laundry. Parking in back for two vehicles, with ample storage, shared laundry and sprinkler system in basement, good sound separation, and large covered front porch all add value to the property. Recent updates include new central air in June 2024 and new metal roof in 2018.