553 Quebec Street

East G, London, N5W 3Y9
FOR SALE
$458,000
553 Quebec Street, London
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
553 Quebec Street
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
6
ROOMS
X13746224
MLSID
Contact Us
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 convenient bus routes to both Fanshawe College and Western University. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease your payments.This building features **2 spacious legal dwelling units** and an extensive list of recent updates, including Three Hydro Meters and updated Electrical Panels (2022), Roof (2014), Siding/Eavestrough/Soffits/Fascia (2021), Updated Plumbing (2021), Furnace (2019), and Fence (2020-2021).In addition, there is coin-operated shared laundry, plenty of parking, separate entrances for both units, and a full unfinished basement offering ample storage and workshop space.Fully rented to high-quality A+ tenants, generating a total of **$3,300/month in rental income** - $1,650 for Unit 1 and $1,650 for Unit 2. A fantastic opportunity to own a well-maintained, income-generating property with **2 legal dwellings** in a desirable and convenient London location.
Property Features
Other, Private Double
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
Listing contracted with Exp Realty
307 Grey Street, London
5
BEDS
2
BATHS
$450,000
FOR SALE
Live, invest, and grow your equity all under one roof! The sellers extensively upgraded and renovated this property. This versatile duplex presents an outstanding opportunity for homeowners, investors, and those looking to build long-term wealth through real estate. Live in one unit while generating rental income from the other to help offset your mortgage or maximize cash flow by renting out both units. The main floor features 2 bedrooms, a spacious living area, and a functional kitchen, while the upper unit has been recently renovated with 3 bedrooms, a kitchen, a bathroom, fresh paint, new flooring, and updated bathroom and kitchen range hood vents, offering a modern and comfortable living space. Both units share a convenient common laundry room. This property provides excellent flexibility for a variety of investment strategies, including owner-occupancy with supplemental income, multi-generational living, or a fully tenanted investment property. The large lot offers ample parking, a highly sought-after feature for tenants and visitors. Adding to its appeal is the potential for future multiplex development (buyer to complete their own due diligence regarding zoning and development possibilities), making this not only an income-producing asset today but also a property with exciting long-term upside potential. Situated conveniently close to shopping, restaurants, parks, schools, public transit, and major highways, with Western University just approximately 10 minutes away, this location offers strong rental appeal and convenient access to everyday amenities. Whether you're looking to generate immediate rental income, offset homeownership costs, expand your real estate portfolio, or explore future redevelopment opportunities, this property delivers exceptional value and versatility.
144 Adelaide Street, London
3
BEDS
2
BATHS
$419,900
FOR SALE
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.
980 Lorne Avenue, London
5
BEDS
3
BATHS
$409,000
FOR SALE
LEGAL DUPLEX DETACHED DOUBLE GARAGE HOME WITH CHARACTER, INCOME POTENTIAL & OPPORTUNITY IN EAST LONDON. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other .Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.
434 English Street, London
5
BEDS
1
BATHS
$349,000
FOR SALE
First-time home buyer or investment potential! This classic Old East duplex has great curb appeal, featuring old brick architecture and a cute front patio peeking out from behind a sprawling front garden. Inside, the main floor foyer leads into a bright and inviting living room and kitchen. This space is flanked by three bedrooms, a 4PC bathroom, and an exit to the backyard. At the back of the house is a bonus storage room and access to the unfinished basement, which has been spray insulated and is spacious and tidy, allowing for even more storage. The backyard is private and quiet, with a cute lawn, shed, above-ground pool and surrounding patio. The potential lies in the upstairs unit -- which is in the middle of renovation. The roof of the house has been fully replaced in 2026, with new skylights. The property is a short walk from some of East London's most appealing amenities: Western Fair District, The Factory, BMO Centre, and more. Book your showing today!
797 Hamilton Road, London
3
BEDS
3
BATHS
$399,900
FOR SALE
Looking for a project with real upside? 797 Hamilton Road is a duplex with a bonus in-law suite, giving you three units in total, with AC2 Zoning (Arterial Commercial). It's ready for a buyer who can see past a little wear and tear. Three separate entrances, one for each unit, open up plenty of options, whether that's rental income, space for extended family, or a small business setup that the commercial zoning allows. You'll also find parking at both the front and rear, plus a covered deck. Recent updates include all cast iron pipe replaced with PVC, a new lift pump, and a furnace and AC that come with a warranty. The second floor has fresh paint and new carpet, and the basement unit has an updated bathroom. Three fridges, three stoves, and a washer and dryer are included, so each unit is equipped from day one. The location is ideal, with Highway 401 access, shopping, schools, parks, churches, and restaurants all just minutes away. If you're handy, an investor, or someone who loves a good value-add opportunity, this one is worth a look. Bring your ideas, potential awaits!
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