241 Ridout St S

This property is located in a great location, just a short drive to Downtown London, Springbank park and Wortley Village. It is also on a direct Bus route to Western University and close to shopping and fine restaurants. This rental property has excellent income, with the main floor tenants paying $2500, upper unit paying $1500 and the lower level paying $1200. Many recent updates on all 3 levels. All 3 units have their own laundry. There is parking in the front. The backyard is fenced and the upper floor tenant has a deck and a loft with a bedroom/den.

This property is located in a great location, walking distance to Downtown London and a short drive to Springbank park and Wortley Village. It is also on a direct Bus route to Western University and close to shopping and fine restaurants. This rental property has excellent income, with the main floor tenants paying $2200, upper unit paying $2100 and the vacant lower level having an income potential of $1200. Many recent updates on all 3 levels. All 3 units have their own laundry. There is plenty of parking in the back. The backyard is fully fenced and the main floor tenant has a large deck.

Rare opportunity in the heart of London! This beautiful, well-maintained duplex seamlessly blends classic character with modern updates, offering an exceptional opportunity for homeowners and investors alike. This property features ample parking with 9 parking spots. Situated in a prime location, steps from Oxford and Richmond St., you'll enjoy convenient access to Western University, St. Joseph's Hospital, University Hospital, downtown London, and the city's extensive park system. Excellent public transit options further enhance the convenience of this sought-after address. The main floor unit is a delightful 1-bedroom suite featuring original hardwood floors, stunning stained glass windows, and a beautiful ornate fireplace. Recent updates include a modern white kitchen with plenty of cabinetry and countertop space with peninsula. Other features include a spacious bedroom with a large closet with original barn doors, an updated bathroom with a large glass shower, and in-suite laundry. The upper unit is a bright and airy 3-bedroom, two-floor apartment. This spacious unit offers a large living room, a modern white eat-in kitchen, a versatile den, and three generously sized bedrooms. Recent updates include a beautiful bathroom with a large glass shower. Admire the original stained glass in the foyer, wooden staircase, and the classic transoms throughout, adding to the property's charm. In-suite laundry is also included. Both units have ductless AC / Heating units. Other upgrades include a newer combination boiler, kitchens, and bathrooms in both units, the concrete walkway on the east side of the property, and new front porch steps. Existing zoning BDC(1) permits offices including medical/dental, retail, and a host of other uses. On-site parking for 9 cars. A change of use permit would be required. This property presents a unique chance to own a piece of London's charm while benefiting from modern comforts and a highly desirable location. Don't miss this opportunity!