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5
BEDROOMS 3
BATHROOMS 2
KITCHENS 15
ROOMS X14101078
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Property Description
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.
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Property Features
Primary Bedroom - Main Floor, Lane, Private, Right Of Way, Front Yard Parking
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Property Details
Address
980 Lorne Avenue
Community
City
Postal Code
N5W 3L3
Property Type
Duplex, Duplex
Lot Size
45' x 140'
Taxes
$4,862 (2025
Basement
Exposed Rock, Partial Basement, Unfinished
Exterior
Deck, Landscaped, Patio, Porch, Privacy, Year Round Living, Awnings
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Detached
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Listing contracted with Sutton Group - Select Realty
*** Additional Listing Details - Click Brochure Link *** Experience the perfect combination of space, versatility, and income potential in this 6-bedroom, 2-bathroom home, currently arranged as 2 separate units. Whether you are an investor or an extended family, this home offers exceptional flexibility. The main floor unit features 4 spacious bedrooms, including a huge primary bedroom. A refreshed kitchen and bathroom, along with newer 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 den, second kitchen, and a full bathroom. The current arrangement provides excellent income from dependable roommates ( all on month-to-month roommate agreements) while the owner enjoys comfortable living on the main floor. New fully fenced backyard, offering privacy. Additional features include a new Lennox furnace and central air system (2022), 2 separate hydro and water meters, and multiple entrances. Commercial/residential zoning R8-4, AC4, AC5
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Estate sale. First time offered in over 70 years. Located on a 50' x 175' lot near the Coves. This front to back licensed duplex features a large 24'x 15' concrete block garage. Long term paying tenants. January 1st 2027 effective rents are: Front: $1187.13, all inclusive, Rear: $674.51 plus gas New roof shingles replaced in 2024. 2 separate furnaces. Lots of upside potential for future market rents and to improve this property to todays standards. To be sold as-is.
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