150 Rectory St W

East L, London, N5Z 2A3
FOR SALE
$399,000
Sold
$395,000
150 Rectory St W, London
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
150 Rectory St W
5
BEDROOMS
0
BATHROOMS
2
KITCHENS
20
ROOMS
X8257258
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-11 2024-06-14 64 $399,000 $395,000 Sold
2024-04-11 2024-04-18 7 $399,000 $385,000 Sold
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!
Property Details
Community
City
Property Type
Detached, 2-Storey
Similar Listings
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Attention Investors and First Time Home Buyers! Welcome to this spacious 4-bedroom bungalow with AC4 Commercial Zoning, offering a unique opportunity for both residential living and business use. Ideally located in a well-connected neighborhood, this property provides easy access to public transit, shopping, dining, and major institutions such as Western University and Fanshawe College. This well-maintained home features a freshly painted interior, new kitchen cabinets and countertops, and a functional layout that suits commercial and residential needs. The walk-out basement leads to a large backyard, perfect for outdoor gatherings or future development potential. Additional highlights include two designated parking spaces and a strong rental history, with the property previously leased for $2,800/month. With its prime location, flexible zoning, and recent updates, this property is an excellent choice for homeowners, investors, or entrepreneurs. Don't miss out on this rare opportunity-schedule your showing today!
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