7 Carfrae Cres

This legal duplex, zoned R3-2 is located in the downtown Woodfield District, is one block from Victoria Park, and has been recently updated. Brand new furnace and A/C unit late July/2024. Main floor unit is 2 bedroom with private back patio and upper unit is one bedroom with private upper deck, hardwood floors, vaulted living room ceiling and private entrance. Currently rented at 2100 main floor and 1985 upper so great current market rents. Shared laundry on main floor and parking out front for 4 cars. Lot is 150 ft deep so plenty of room for an addition. Investors come check this one out, and minimum 24 hours notice required for all showings due to tenants.

Excellent opportunity in Old South! This R2-2 zoned Duplex features a spacious 3 bedroom main floor unit. The basement is currently set up as a bachelor apartment with its own kitchen and bathroom. This property could easily be used as a family home or remain as two units. Both units can be accessed from the large breezeway between the living space and the garage. This home features two large garages. The first garage is approximately 16 ft x 22 ft and can accommodate a car hoist. The rear garage is approximately 19 ft x 39 ft with access from behind the property off a lane way and through the front garage. Located in the heart of London just a few minutes walk to Victoria Hospital, beautiful parks, shopping, restaurants, daycares and schools.This home is currently vacant and ready for viewing.

Charming licensed 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.

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 your payments. This building features 2 spacious units 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 coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop.Fully rented to high-quality A+ tenants for $3464/month.

Dreaming of financial freedom? This legal duplex in London isn't just a home, its a strategic move for you, whether you're a first time home buyer or an investor seeking a great opportunity.This house has two separate apartments with 9 foot ceilings. The front unit is a large one bedroom apartment with a full kitchen, living area and huge bath. The back unit is a large bachelor with a backyard view and a covered patio. Each unit has a separate entrance. There are laundry hookups in each unit.The house is located in a highly populated student area with nearby shopping. The bus stops at the door. The property features a large backyard with shed and 3 car parking. As a bonus, there are plans and permit for a new garage and the 200 amp service and main floor framing are ready for a second floor. Hot Water heater owned. Don't miss this fantastic opportunity!

Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Selling as is.

Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 7.6% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $1000/mo+ at today's interest rates. With a 10%+ Cash ROI and 18% ROI when factoring in principal repayment, this is a better return than both GICs and the stock market. With two spacious 2-bedroom units, a comfortable bachelor suite, and a rentable garage space, this property is sure to exceed your investment expectations. Each of the 2-bedroom units is currently leased for $1,700 per month, while the bachelor suite commands a rental rate of $1,000 per month. Additionally, the garage space can generate an extra $400 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, Western Fair complex, 100 Kellogg Lane, and public transportation, making it an attractive choice for prospective tenants. Don't miss out on this rare opportunity to secure a high-yield, income-generating duplex with immense potential for the future.