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BEDROOMS3
BATHROOMS2
KITCHENS20
ROOMSX8257258
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-11 | 2024-04-18 | 7 | $399,000 | $385,000 | Sold |
2024-04-11 | 2024-04-18 | 7 | $399,000 | $385,000 | Sold |
2024-04-11 | 2024-04-18 | 7 | $399,000 | $385,000 | Sold |
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Property Description
Welcome To An Investment Opportunity In The Heart Of London, Ontario. This Rare Gem Is A Spacious Single Family Home Located On A Massive Corner Lot And Currently Has Two Separate Units/Living Quarters. This Property Is A Savvy Investor's Dream Come True. The Property Boasts A Generous 60'X120' Corner Lot, Providing Ample Space For Outdoor Activities, Landscaping, And Potential Future Expansion. This Feature Is A Rarity In The Current Real Estate Landscape And Adds Significant Value To The Property. The Property Is An Ideal Investment Opportunity, Whether You're Looking To Rent Out Both Units For Passive Income Or Live In One Unit While Renting Out The Other, The Possibilities Are Limitless. This Home Is Ready For A Visionary Investor To Unlock Its Full Potential. With Some Strategic Renovations And Updates, You Can Maximize The Property's Value And Returns. The Front Unit Offers 1 Bedroom, 1 Bath And A Large Living Room That Connects To The Kitchen. The Back Unit Offers 4 Bedrooms, 2 Bathrooms, Family Room, Sun Room, Living Room, And Potential For Additional Living Areas. There Is Also A Huge Workshop/Shed Area That Would Be Perfect For Someone Looking To Have The Additional Space Or Tear Down For A Larger Property. Whether You're An Investor Or Looking For A Home With Rental Income Potential, This Home Is A Versatile Asset. Seize The Opportunity Before It's Gone!
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Similar Listings
Excellent residential/Commercial opportunity (live in or investment) close to downtown for under $400,000! Flexible floor plan with up to 4 bedrooms (one on main). Updates include high-efficiency forced air gas furnace & air, updated electrical panel, newer flooring & renos to kitchen. 2 piece bath on main, 3 piece bath upstairs & main floor laundry facilities. 2 front boulevard spaces leased from City of London & lots of additional street parking on Princess. (2 spots in front of house).Also viable as residential/commercial. AC-2 Zoning permits multiple uses-please check with City of London. Previously used on a long term basis as a law & a psychologist's office. Note that property is currently taxed at the commercial mill rate; application has been made to the City to tax at residential mill rate.
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