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BEDROOMS 1
BATHROOMS 1
KITCHENS 6
ROOMS X14151406
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Property Description
Step into a piece of Old North history with this wonderfully maintained 1940s bungalow, available for the first time in thirty years. Showcasing outstanding curb appeal and authentic period details inside and out, this 2-bedroom, 1-bath home exudes the charm and character that make the neighbourhood so desirable. From the decorative quoins on the exterior to the leaded-glass windows, textured ceilings, and elegant French doors, every room tells a story of classic craftsmanship. The spacious kitchen offers plenty of room for an eat-in area, perfect for casual meals and morning coffee. A standout feature is the large, full-length loft bathed in natural light from both north and south exposures. This versatile space can easily serve as a home office, artist's studio, playroom, or additional casual living area-ideal for today's flexible lifestyles. The lower level provides an open, functional space currently used for laundry, a fitness area, and a workbench zone, plus a separate cold room. A convenient side door to the driveway adds easy access for hobbies, storage, or outdoor projects. Outside, the fully fenced rear yard is a private retreat, featuring a large patio, tiered gardens, an elevated porch, and a handy utility shed-perfect for relaxing, entertaining, or gardening. Recent updates bring peace of mind: new shingles replaced in 2018, a new air conditioner installed in 2025, and a recent duct cleaning. Located in the heart of Old North, you'll enjoy tree-lined streets, a strong sense of community, and access to parks, cafés, downtown, and Western University.
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Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Ravine, School, Carpet Free, Floor Drain, Primary Bedroom - Main Floor, Storage, Upgraded Insulation, Water Heater, Private, Carbon Monoxide Detectors, Smoke Detector, Living Room, Wood
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Property Details
Address
580 St James Street
Community
City
Postal Code
N5Y 3P6
Property Type
Duplex, Duplex
Zoning
R2-2
Lot Size
42' x 89'
Acreage
0.1 Feet
Taxes
$4,059 (2025
Basement
Unfinished
Exterior
Patio, Porch, Year Round Living
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Royal Lepage Triland Realty
Welcome to 27 Wharncliffe Road South, a standout opportunity to own a fully legal duplex in a highly convenient London location! This well-maintained investment property features two self-contained units, both occupied by great month-to-month tenants, offering immediate rental income and future flexibility. Each unit is separately metered for electricity.Unit 1 is located on the main floor and offers 2 bedrooms, 1 full bathroom, its own private entrance, in-suite laundry, and 2 parking spaces. The current monthly rent is $1,939.90 paid by the tenant. Utilities are included, with the exception of electricity.Unit 2 is located on the lower level and features 1 bedroom, 1 full bathroom, its own private entrance, in-suite laundry, and 2 parking spaces. The current monthly rent is $1,412.80 paid by the tenant. Utilities are included, with the exception of electricity.The property generates $3,352.70 in monthly rental income. Ideally situated just minutes from London's vibrant downtown core and close to Covent Garden Market, Canada Life Place, several city parks, public transit, shopping, restaurants, and a wide variety of everyday amenities.Whether you're looking to expand your investment portfolio or move into this home, this duplex offers incredible potential, outstanding value, flexibility, and a prime location. Opportunities like this don't come along often, don't miss your chance to make it yours!
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Turnkey Investment Opportunity in Old East Village! This charming yellow brick duplex at 631 Elias Street is fully leased and cash-flowing from day one, offering a rare chance to add a hassle-free, income-producing property to your portfolio. Both units are occupied by reliable tenants, delivering $2,633/month in combined gross rent with tenants responsible for their own hydro and gas.The upper unit is a bright, spacious 2-bedroom with a unique layout: one bedroom on the main floor and a second bedroom upstairs. It's now leased at $1,550/month plus hydro and gas and features its own private laundry, electric baseboard heating, and the added comfort and charm of a gas fireplace.The lower unit is home to a reliable, long-term tenant currently paying $1,083/month, with its own separate laundry and forced-air gas heating.Both units are separately metered for hydro and gas, with tenants covering their own utilities. The owner pays water only, keeping expenses low and predictable.Recent updates take the guesswork out of ownership. The roof was redone in three phases between 2018 and 2021, the bathtub was refinished in 2023, a new washer was installed in 2023, a new gas fireplace insert was added in 2025, and the deck was rebuilt in 2026.With two stable tenancies in place, separately metered utilities, private laundry in each unit, and a strong list of recent updates, 631 Elias Street is ready for an investor to step in and start collecting rent immediately. No vacancy, no renovation, no delay. Ideally located close to downtown, public transit, schools, parks, and the shops, cafés, breweries, and restaurants that make Old East Village one of London's most exciting and evolving neighbourhoods.
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