12 MCDONALD Ave
London, N6G 1B1
FOR SALE
$699,000
Expired
$0
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6
BEDROOMS3
BATHROOMS3
KITCHENS8
ROOMSX8205828
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-06 | 2024-10-31 | 208 | $699,000 | - | Expired |
2021-08-12 | 2021-11-11 | 23 | $679,000 | - | Expired |
2018-01-22 | 2018-02-23 | 32 | $419,900 | $400,000 | Sold |
2006-04-24 | 2006-05-04 | 14 | $124,900 | $124,000 | Sold |
2021-08-11 | 2021-09-23 | 43 | $679,000 | - | Terminated |
2021-08-11 | 2021-09-02 | 22 | $679,000 | - | Suspended |
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Property Description
LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Lot Size
30' x 207'
Acreage
< .50
Fronting
North
Taxes
$4,076 (2023)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 11.71' x 15.75' | |
Bathroom | Main | 9.84' x 6.56' | |
Bathroom | Main | 9.84' x 6.56' | |
Kitchen | Main | 11.32' x 11.42' | |
Br | Main | 10.01' x 11.25' | |
Br | Main | 8.76' x 9.68' | |
Kitchen | Main | 13.42' x 15.85' | |
Living | Main | 11.42' x 15.42' | |
Bathroom | Bsmt | 9.84' x 6.56' | |
Br | Bsmt | 7.68' x 9.58' | |
Br | Bsmt | 9.42' x 9.58' | |
Living | Main | 13.68' x 13.68' |
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