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Property Description
Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop. Both units are rented to high-quality A+ tenants for a $1650 & $1550 per month which comes to total income of $3200 monthly.
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Property Features
Other, Private Double
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Property Details
Address
553 Quebec Street
Community
City
Postal Code
N5W 3Y9
Property Type
Duplex, Duplex
Lot Size
32' x 100'
Taxes
$3,537 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Exp Realty
This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. With felxible Closing and substantial deposit option exists to provide a unit vacant upon Closing. Opportunity knocks for investors and could be open to owners looking for a mortgage helper opportunity to occpuy a unit. As a solid income property, the three bed Unit 1B is rented at $1,795/mo + hydro currently [Unit 1B is a split level three bedroom unit with unfinished basement] and $1,150/mo + hydro currently for Unit 1A [main level one bedroom unit]; both units have a single parking space included. This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential to add more finsihed rooms (clear height would not faciliate legal bedrooms below grade). Both units feature seperate entrances and Unit 1B also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property includes kitchen appliances and laundry in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. This property will remain in feeder school district for Thames Valley School Baord for Aberdeen PS with redrawing of districts set to take effect in September 2026.
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Well-maintained duplex located in desirable East London, offering a fantastic opportunity for both investors and owner-occupiers. Situated on a 40' x 140' lot, this property features two self-contained units: a spacious 3-bedroom, 1-bathroom main floor unit and a 2-bedroom, 1-bathroom upper unit. The main floor is currently tenanted at $2,047.95/month plus electricity, while the upper unit is vacant-ideal for setting your own rent or owner occupancy. Each unit is separately metered for electricity, with tenants responsible for their own hydro. The landlord covers gas and water expenses. The home is equipped with a hot water radiator heating system, one owned tankless water heater, and one rented water heater. Additional highlights include on-site parking for up to four vehicles and a large backyard storage shed (2021). Property taxes are $4,057 (2025). Conveniently located just minutes from the Western Fair District, BMO Centre, 100 Kellogg Lane, Old East Village, and downtown, this property offers strong rental potential in a vibrant and growing area.
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Welcome to 144 Adelaide St, London, a versatile duplex offering strong investment potential with both residential and possible business use. Registered with the city as a duplex, this property is ideally located close to downtown, major amenities, transit, and key attractions, making it attractive for tenants and long term growth. The home features two self contained units, both currently rented, generating a combined monthly income of $2,600 and providing immediate cash flow, with the property offering positive cash flow after expenses. The property has seen numerous updates over recent years as per previous ownership, including improvements to major systems, exterior finishes, and interior spaces, contributing to its overall functionality and appeal. Whether you are looking to expand your investment portfolio, secure a property that carries itself, or explore a mixed use opportunity, 144 Adelaide St presents excellent value in a high demand location.
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Licensed Duplex with separate Utilities Perfect for First Time Buyers , with income to help with the mortgage .3 Bedroom 1 Bathing front and 1 Bedroom 1 Bath in rear Close Parkwood and Victoria hospital . Perfect way to Start your Portfolio . Live in the upper unit and rent the lower unit or use as an Airbnb. Let the income pay your Mortgage. Name your own Rent, will be totally vacant .
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Opportunity knocks at 781 Dufferin Avenue ! This up down duplex is owner occupied and offers income potential from the vacant one bedroom upper unit . Located near some of East London's most exciting amenities, the main level unit is owner occupied and features a total of two bedrooms, and full bath . The kitchen and living room are located on the main floor as well. With two separate entrances, the upper unit is vacant and move-in ready. The upper unit is a1- bedroom apartment, currently vacant providing immediate potential for rental income. This property is conveniently located near many of East London ' s most popular amenities including the Western Fair, the artisan market , raceway, casino , sports complex, and 100 Kellogg Lane ,which includes The Factory, Powerhouse Brewery, and other unique attractions . Whether you ' re an investor or looking for a multi-functional property, 781 Dufferin Avenue is a rare investment opportunity in a highly desirable location. Property is to be sold in as is condition.
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1.5-storey duplex much bigger than it looks with very high income potential, Located minutes from Fanshawe College, the Kellogg's Complex, and downtown, this home offers a rare combination of space and versatility, with huge income potential with 5 bedrooms at an affordable price. 2nd kitchen in the lower level with separate entrance. 3 Full bathrooms. Lower has a new tenant starting July 1st at $1,200 per month plus utility. Main unit was previously rented for $2,000 monthly. Upgrades include a 200-amp electrical panel, a high-efficiency furnace (2018), and a central A/C unit (2021) Easy to show! No sign on property.
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Experience the perfect combination of space, versatility, and income potential in this substantial 6-bedroom, 2-bathroom home, currently arranged as 2 separate units. Whether you are an investor, accommodating extended family, or searching for a property with built-in revenue, this home offers exceptional flexibility. The main floor unit features 4 spacious bedrooms, including 2 with walk-in closets, a huge primary bedroom, soaring 9-foot ceilings, and beautiful original mouldings that add timeless character. A refreshed kitchen and bathroom, along with new flooring and fresh paint throughout, make the main level both stylish and move-in ready. Upstairs, the second-floor unit includes 2 additional bedrooms, a comfortable den, second kitchen, and a full bathroom. The current arrangement provides excellent income from dependable roommates, while the owner enjoys comfortable living on the main floor. All roommates are in place under month-to-month roommate agreements. Step outside to a new fully fenced backyard, offering privacy as well as a safe and secure area for children or pets. The spacious deck creates the perfect setting for outdoor dining, summer barbecues, and entertaining guests. Additional features include a new Lennox furnace and central air system (2022), separate hydro and water meters, and multiple entrances. Combined with the flexible layout, these features create strong potential for a future duplex or triplex conversion, adding even more value and income opportunity. Whether you are looking for a property that can help offset your living expenses or a smart addition to your investment portfolio, this home offers outstanding potential.
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