407 Castlegrove Place

North K, London, N6G 1L1
FOR SALE
$799,000
407 Castlegrove Place, London
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
407 Castlegrove Place
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
X12903410
MLSID
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Property Description
Licensed, 4-level back-split duplexed home is a rare turnkey opportunity in North London for investors & home owners who want to live in one unit and rent the other. Offering excellent rental income, the property features two spacious, self-contained units each with two levels of living space and two separate fenced yards. Home includes 2 hydro meters, 2 furnaces, 2 A/C units, and 2 owned hot water heaters! Unit A, offers a bright, open-concept main floor with living, dining, and kitchen areas, plus 3 generously sized bedrooms, 2 full bathrooms, and in-suite laundry on the upper level. Unit B features two-level living with a modern open-concept layout, 2 large bedrooms, a full bathroom, and private laundry. In both units, bedrooms are located on a separate floor from the main living area, providing better privacy and sound insulation ideal for comfortable shared living. Each unit enjoys a private fenced yard with a storage shed and backs onto a peaceful park. The home sits on a large pie-shaped lot with parking for four vehicles. Unbeatable location near Western University. Short distance to public transit and amenities. A truly unique, income-generating gem in one of London's most desirable neighbourhoods.
Property Features
Park, School, School Bus Route, Wooded/Treed, Place Of Worship, In-Law Suite, Separate Hydro Meter, Separate Heating Controls, Water Heater Owned
Property Details
Address
407 Castlegrove Place
Community
City
Postal Code
N6G 1L1
Property Type
Duplex, Duplex
Zoning
R1-6
Lot Size
42' x 110'
Taxes
$5,817 (2025
Basement
Finished with Walk-Out, Apartment, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Rock Star Real Estate Inc.
77 Blackfriars Street, London
4+1
BEDS
3
BATHS
$624,900
FOR SALE
Attention investors! Excellent, turn-key, cash-flowing, licensed rental property with 2 self-contained units. The upper unit consists of the Main Floor and 2nd Floor. It includes 4 spacious bedrooms, 2 bathrooms (one 4-piece & one 3-piece), a large living room, and functional kitchen. The basement unit includes 1 bedroom, one 4-piece bathroom, a cozy living room, and large eat-in kitchen. Both units have been updated, are carpet-free, have lots of natural light, and their own private laundry. Outside, there's parking for 3 cars. Ideal location, close to parks, shopping, transit, entertainment, and Western University. Currently rented for $4,412/month.
1473 Glengarry Avenue, London
4+1
BEDS
4
BATHS
$759,900
FOR SALE
Amazing opportunity in the sought-after Northridge Subdivision! Perfect for investors, large families, or new homeowners looking for extra mortgage help. This rare and beautifully maintained side-split home offers 3+1 bedrooms, 4 full bathrooms, and 2+1 kitchens, providing incredible versatility for multi-generational living, rental income, or a private in-law suite. The spacious 2-car garage (21.4 x 23) includes extra space for a workshop or recreation area. Curb appeal is outstanding with a lovely front concrete porch and walkway (2021), newer siding with added insulation, stylish leaded-glass entry door, and replacement windows. Inside, you'll find gleaming hardwood floors, a bright dining room with bay window, and an updated kitchen featuring granite countertops, backsplash, and ample pot-and-pan drawers. The rear of the home is equally impressive with a large covered porch and pressed concrete patio-perfect for entertaining. The stunningly renovated 3rd level includes a newly added kitchen, bedroom, and walkout to the backyard, making it ideal for a granny suite or additional rental income. The 4th level has also been recently updated with its own mini-kitchen, complete with cabinets, sink, and fridge. Additional features include: Furnace (approx. 7 years) Hot water tank (owned, 2015) Murry Shaw shingles with enhanced ventilation, Leaf guard, sprinkler system, and BBQ gas line. All this with super easy access to Western University, LHSC, Masonville, shopping, dining, library, and scenic walking/bike trails. A true pleasure to view-this is a home that truly offers it all!
243 Tecumseh Avenue, London
2+3
BEDS
2
BATHS
$698,000
FOR SALE
Location, location, location. Opportunities like this don't come along often in the heart of Wortley Village.Situated in one of London's most desirable neighbourhoods, this legal up / down duplex offers an exceptional opportunity for investors, renovators, or buyers looking to own in a community known for its charm, walkability, and strong sense of community. Each unit is self-contained and separately metered. The main floor unit features 2 bedrooms and 1 bathroom, while the upper unit contains 3 bedrooms, 1 bathroom offering flexibility for rental income, multigenerational living, or a future owner-occupied investment.The large, fully fenced backyard provides plenty of outdoor space, while the real highlight is everything just beyond your front door. Walk to local cafés, restaurants, neighbourhood pubs, boutique shopping, schools, parks, and the many festivals and community events that make Wortley Village one of London's most beloved places to live.Whether you're looking to renovate, invest, or secure a property in an unbeatable location, this is a rare chance to make your mark in a neighbourhood that continues to be in high demand. This home is untouched and ready for the next owner to add their own equity in a high-value neighbourhood.
35 Miles Street, London
3+2
BEDS
2
BATHS
$609,900
FOR SALE
Purpose built and fully licensed duplex located in the highly sought after Woodfield District, offering an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Situated in one of London's most desirable neighbourhoods, this property is within walking distance of local favourites such as The Bag Lady and Locomotive Espresso, as well as Downtown London, parks, schools, public transit, restaurants, and everyday amenities, and is only 3.5 km from Western University and 5 km from Fanshawe College. Unit 1 is a spacious three bedroom main floor unit complete with stainless steel appliances, a four piece bathroom, and in suite laundry, currently rented for $2,255 per month plus electricity and water. Unit 2 is a spacious two bedroom lower level unit complete with stainless steel appliances, a four piece bathroom, in suite laundry, and heated floors in the living room, currently rented for $1,695 per month plus electricity and water, with vacant possession available as of July 31, 2026. Each unit is separately metered for electricity and water. Parking for two vehicles is available at the rear of the property. Recent updates include a new roof in 2025, a new sewer line to the road in 2025, a new owned air conditioner in 2024, a new owned electric hot water tank in 2024, and a new rented gas hot water tank in 2024. Whether you choose to live in one unit while generating rental income from the other or continue operating the property as a fully tenanted investment, this turnkey duplex offers versatility, strong income potential, and long term value in one of London's most coveted neighbourhoods.
17 Mcdonald Avenue, London
4
BEDS
2
BATHS
$600,000
FOR SALE
Great central location and easily within walking distance to University of Western Ontario. This is a legal duplex with a rental license. It has a nice sized yard that is partially fenced and has a detached garage with hydro for all of your storage needs and parking for four cars. The front unit has three bedrooms, a four piece bathroom, kitchen and living room and it is move in ready. The rear unit is a one bedroom apartment, with kitchen, livingroom and a four piece bathroom and is also move in ready. This home has been well cared for and maintained and it shows. There are two separate hydro meters and two hot water heaters. Both apartments come with fridge, stove, dishwasher, washer and dryer. This poses a great opportunity for a rental property in its entirety or for an owner occupied with renters to supplement monthly mortgage costs. Walking distance to virtually all amenities and with public transportation just steps away - location plus.
810 Easy Street, London
3+1
BEDS
2
BATHS
$649,900
FOR SALE
LEGAL DUPLEX with strong rental income-welcome to this well-maintained, fully legal up-and-down duplex offering immediate cash flow and excellent investment potential. This fully licensed, turnkey property provides added peace of mind, as the basement unit is completely permitted with the city and the home features full fire separation between units, which has been inspected, with documentation available upon request. The main floor unit is currently rented for $2,152.50/month on a month-to-month basis, increasing to $2,200.76 effective March 1, 2026, while the lower unit is rented for $1,537.50/month until July 31, 2026, with an increase to $1,569.79 effective August 1, 2026. Originally a spacious 4-level backsplit, this property has been thoughtfully converted into two self-contained units with functional layouts. The upper unit features three generous bedrooms, a full kitchen, a comfortable living space, and a private balcony off the primary bedroom, while the lower unit offers a separate entrance, a bright one-bedroom layout, eat-in kitchen, living room, and ample storage. From a utilities standpoint, the property is equipped with two separate electrical meters, and the electrical service has been upgraded to 200 amps. The home is serviced by a newer furnace, which acts as the sole shared heating source and is connected to the basement unit's meter; as a result, the lower unit is rented with utilities included, while tenants are otherwise responsible for hydro and tenant insurance, with the owner covering gas and water. The utility costs remain reasonable and historical billing records can be provided upon request. The fully fenced backyard adds additional tenant appeal, and the property is ideally located close to White Oaks Mall, Highway 401, shopping, dining, and major commuter routes, making it a truly turnkey opportunity for investors or those looking to live in one unit while renting the other.
204 Burnside Drive, London
4
BEDS
2
BATHS
$639,000
FOR SALE
Welcome to this turnkey, well-maintained duplex property in one of East London's most desirable neighbourhoods with massive development potential! The fully self-contained up-and-down duplex offers an exceptional opportunity for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. The upper unit features a bright and spacious 2-bedroom, 1-bathroom layout with the added bonus of a sunroom, providing extra living space. The main floor unit offers an identical 2-bedroom, 1-bathroom floor plan and enjoys exclusive access to a full basement featuring a large recreation room, utility area, and ample dry storage space. A standout feature of this property is that each unit is separately serviced with its own hydro meter, gas meter, furnace, and water heater, providing true independence for both units and simplifying property management. Outside, you'll find a massive, oversized double-car garage, featuring both heat and hydro, an extremely rare feature that is perfect for hobbyists, contractors, car enthusiasts, or additional rental income potential. Situated on huge 60ft x 151ft lot with a fully fenced backyard, the property presents exciting development potential. The expansive lot and existing layout may lend themselves to the addition of an accessory dwelling unit (ADU) or future expansion, offering the opportunity to further increase revenue and maximize the property's value (subject to municipal approvals). There may also be potential to put a 3rd unit in the basement for a savvy investor. The property also offers parking for 10+ vehicles, making it ideal for tenants, guests, trailers, work vehicles, or future projects.
552 Adelaide Street, London
4
BEDS
2
BATHS
$639,000
FOR SALE
Great investment property close to downtown with short bus rides to both of Fanshawe College and Western University. Fully tenanted property with total rental income of $3600 per month (upper leased until Nov 2026 - $1450, and main is month to month - $2150) with tenants paying all utilities. Tenants are planning on staying. Fully funded this property has a capitalization rate about 5.5% meaning right from the start it is cash flow positive. Building was cleaned up and renovated in 2023 so very little can be expected in terms of maintenance fees for the next few years. Rents are slightly below market value meaning this building will perform more strongly and be an even better addition to your portfolio as time progresses. This yellow brick home sits on the edge of Woodfield and Old East Village. The main floor has 2 large bedrooms plus a basement with additional room. The upper has 1 bedroom plus den, both with in suite laundry. Property is being sold fully furnished excluding tenants belongings. Parking is at the rear of the building and access is off of Princess.
453 Bathurst Street, London
4
BEDS
2
BATHS
$629,900
FOR SALE
Located in nearby heart of downtown London. This solid brick duplex (currently) is a turn-key operation rebuilt approximately 22 years ago. 2 units upper and lower. Approx 700sqft each, two-2 bed units--individual heating systems, tenant pays own utilities (heat, light, water) all separate meters. Parking allows for approximately 8 cars, with separate driveway entrances. No shared common area. Built past current standards at the time of construction, foam insulation main floor walls, double brick, 2x6 construction, sound proofing in ceiling, all fire coded and licensed through the city (licenses provided), separate entrance with commercial steel doors, main floor unit has custom wrought iron screen door. Each unit has gas stand-alone fireplaces that heat the unit with electric baseboard backups. Security cameras system installed monitored through app. Could be converted back to single-use again with inside access to both floors. This is a perfect opportunity to have a small business and still have an income to cover bills. Live in or retain current tenants. The new owner will assume new tenants at the time of closing. Take note of the Zoning Description in Docs. Many Uses under the BDC (35)H13Business District Commercial Area View Doc for rent. Roll. Do not go direct. L/A will coordinate with tenants
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