196-198 Clarence St

East K, London, N6B 2J7
FOR SALE
$410,000
Terminated
$0
196-198 Clarence  St, London
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
196-198 Clarence  St
4
BEDROOMS
2
BATHROOMS
2
KITCHENS
2
ROOMS
X9259463
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-17 2024-09-19 33 $410,000 - Terminated
2023-01-23 2023-03-28 64 $399,999 - Expired
Property Description
Welcome First-Time Home Buyers And Investor! This Charming Side-By-Side Duplex In The Heart Of London Offers Incredible Value With Low Property Taxes Under $1,760 Per Year. Situated On A Spacious 57X110 Lot Zoned R3-1 And Easily Convertible Into Triplex Or Four-Plex Making It A Dream Investment. Each Unit Has Its Own Entrance, With Unit 198 Recently Renovated And Featuring Two Hot Water Heaters, A Shared Forced-Air Gas Furnace (Replaced In 2020), And Shingles Updated In 2018. Together, The Units Offer 4 Bedrooms, 2 Full Baths, And Unfinished Basements With Approximately 6 Ft Ceilings.Tenants Cover All Utilities, Making This An Attractive And Easy Investment Opportunity. Don't Miss Out On This Excellent Property! Vacant Possession May Be Possible, Please Contact For Further Details.
Property Details
Community
City
Property Type
Duplex, Bungalow
Similar Listings
42 Terrace St, London
3
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BATHS
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FOR SALE
This fully leased, licensed duplex is a fantastic investment opportunity, generating steady rental income with a 2-bedroom main floor unit and an upper bachelor unit. Whether you're an investor or looking to offset your mortgage with rental income, this property delivers.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. It presents potential opportunities such as expanding the main units living space, providing additional tenant storage, or housing a coin-operated laundrycreating an extra income stream.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Dont miss this chance to own a turnkey investment with room to grow!
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