➧
➧
Registration Required
Register for Sold Data Access
4
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSX9295796
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-03 | 2024-11-02 | 60 | $550,000 | - | Expired |
2024-09-03 | 2024-11-02 | 60 | $550,000 | - | Expired |
2024-05-14 | 2024-08-16 | 94 | $550,000 | - | Expired |
Call
Property Description
Welcome to this outstanding investment opportunity near the Western Fair District! This renovated duplex offers an impressive 7.6% REAL cap rate, making it a solid choice for savvy investors looking to expand their portfolio. This will cashflow at $1000/mo+ at today's interest rates. With a 10%+ Cash ROI and 18% ROI when factoring in principal repayment, this is a better return than both GICs and the stock market. With two spacious 2-bedroom units, a comfortable bachelor suite, and a rentable garage space, this property is sure to exceed your investment expectations. Each of the 2-bedroom units is currently leased for $1,700 per month, while the bachelor suite commands a rental rate of $1,000 per month. Additionally, the garage space can generate an extra $400 per month in income, resulting in a robust revenue stream. This property is close to schools, parks, shopping, Western Fair complex, 100 Kellogg Lane, and public transportation, making it an attractive choice for prospective tenants. Don't miss out on this rare opportunity to secure a high-yield, income-generating duplex with immense potential for the future.
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School Bus Route
Call
Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
33' x 75'
Acreage
< .50
Fronting
West
Taxes
$1,578 (2024)
Basement
Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Call
Similar Listings
Amazing Investment Opportunity Located in the heart of London! This turn-key, low maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash flowing investment or a mortgage helper to ease your payments. This building features 2 spacious units has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop.Fully rented to high-quality A+ tenants for $3464/month.
Call
Embrace the perfect blend of historic allure and modern living at 23 Carfrae Street, a beautifully updated home nestled in coveted Old South. This century home, boasting 1,853 sq. ft. of above-grade living space, is teeming with charm and smartly designed for both comfort and style. The main floor welcomes you into an elegantly renovated space, complete with a brand-new kitchen and bathroom, finished with contemporary fixtures and finishes. A spacious living room becomes a cozy retreat or a lively entertainment area, depending on your mood. Upstairs, the second floor mirrors the generous layout with an expansive living room, accentuated by huge windows that flood the space with natural light, creating an inviting ambiance that's hard to resist. Both floors enjoy the luxury of privacy with separate driveways and entrances. Convenience is at your doorstep with this ideally located property, just a stroll away from the vibrant heart of downtown, and within walking distance to the award-winning Wortley Village. Revel in the local community spirit, top-tier dining, unique shops, and a host of amenities that Wortley Village is renowned for. Families will particularly appreciate the proximity to Thames Park and the esteemed Wortley Village Public School, making this property a desirable choice for those looking for a community-centric lifestyle. With potential rent of $4400+ per month and a cap rate of 7%+, whether you're an investor seeking a turnkey rental opportunity or a homebuyer dreaming of a downtown lifestyle without compromising on space and tranquillity, this property promises a blend of both. Don't miss the chance to own a piece of London's heritage with a modern touch. *Some pictures have been virtually staged*
Call
Looking for a turnkey rental or multi-generational living solution? This excellent east-end duplex features lots of updates in a great location and would be perfect for an owner-occupied income property. The main floor unit has a fresh neutral dcor and while retaining the benefits of a mature home, including hardwood in the living and dining rooms, tray ceilings, and rounded entryways to many rooms. The living room is bright and welcoming thanks to a large window, while a fireplace with traditional mantel provides a focal point and cozy gathering place. The adjacent dining room offers line of sight and is perfect for entertaining or holiday gatherings. The kitchen includes ceramic flooring and lots of storage in updated cabinets, plus a chef-approved gas stove. This level includes two updated bedrooms as well as a modern 4 piece bath, and the lower level has in-suite laundry and a large storage area. The upper unit (also a two bedroom) features a roomy rear-facing deck and dedicated entrance, a light-filled living room (thanks to an oversized window), updated kitchen with eat-in privileges, and a very nice 4 piece bath. The home includes a detached double car garage, long driveway for lots of parking, and well-maintained front and rear yards surrounded by mature trees. Situated on a mature street close to shopping, transit, restaurants and more, you're also close to the 401 and cross-city travel via Highbury Ave. Updates include some newer windows, new furnace (2024) and updated AC (2019). Whether you're looking for a pure income property or are considering an owner-occupied rental approach to get into the market, this home provides an excellent location and two well-laid out units that will appeal to a wide range of potential tenants. Upper unit has longer term tenant and lower tenant leaving for sale of property. Photos of main floor are from previous tenant.
Call
Investment Opportunity - Duplex Zoned BDC-( Business District). Wide Range Of Permitted Uses Include But Not Limited To; Retail, Offices, Bake Shop, Hair Salon.. Save $$ Live And Work At The Same Address. Property Includes 1 Bedroom Upper + Storage/Den Unit . Full High Basement Approx. 40ftX23ft. Large Backyard.
Call
Welcome to 624 Grosvenor St, an inviting fully licensed duplex perfect for investors or those looking to offset their mortgage with rental income. The main floor features 3 bedrooms, 1 bathroom, a spacious living room as well as a separate family room. The dining area is flooded with natural light and leads to a large kitchen that boasts all new cabinets, flooring, and countertops. Majority of the windows are new. Freshly painted and new carpets throughout complete the main floor. A separate side entrance leads to a 1 bedroom, 1 bathroom lower level unit that is currently rented. Enjoy the outdoors in your private fenced backyard. This property also includes a detached garage for additional storage or parking. Ideally located in Carling neighbourhood close to shopping, schools, parks, arena, public transit and in between Western University and Fanshawe College. Don't miss this fantastic opportunity to own a versatile duplex in a desirable location!
Call
This legal duplex, zoned R3-2 is located in the downtown Woodfield District, is one block from Victoria Park, and has been recently updated. Brand new furnace and A/C unit late July/2024. Main floor unit is 2 bedroom with private back patio and upper unit is one bedroom with private upper deck, hardwood floors, vaulted living room ceiling and private entrance. Currently rented at 2100 main floor and 1985 upper so great current market rents. Shared laundry on main floor and parking out front for 4 cars. Lot is 150 ft deep so plenty of room for an addition. Investors come check this one out, and minimum 24 hours notice required for all showings due to tenants.
Call
Opportunity Is Knocking In This Quiet And Mature Neighborhood. If Becoming An Investor Appeals To You, Then This Property Is For You. With The Main Floor 1Bedroom Unit And Bath And The Upper 2 Bedroom and Bath Are Currently Tenanted Ensuring An Immediate Income Source. New Windows And Doors in 2020. Both Kitchens Recently Renovated Providing Each Unit With Fridge , Gas Stove, And Over The Range Microwaves. Don't Forget The Spray Foam Insulated Basement, 100 Amp Service And A Sprinkler System , High Efficiency Furnace And Central Air. Come Take A Look, This One Might Be The One You're Looking For.
Call
ATTN INVESTORS/MULTIPLE PROPERTIES ALERT/UNDER MARKET VALUE/WORTLEY VILLAGE DUPLEXES AND TRIPLEX! This is a Rare Opportunity to purchase a bundled deal of 3 properties all within a 2km radius of each other in Wortley Village. Not just for investors, this could be for multi gen families or buyers looking to offset their mortgage payments. Specs for this upper & lower duplex are as follows: Upper unit has 3 bedrooms, 1 bath, large front balcony, separate entrance, and needs minor renos. Lower unit has 1 bedroom, 1 bath, large living area, main floor laundry, and access to the unfinished basement. Additional info: attic has potential for future development and theres a separate double car garage. Fantastic location, surrounded by heritage homes, on a mature tree-lined street, and walking distance to Wortleys main strip for a vibrant lifestyle. **Buyer to assume tenants** Don't forget to check out: 22 Bruce St, London (MLS: X9306027) and 18 Stanley Street, London (MLS: X9306030).
Call
LEGAL DUPLEX: 5 bedrooms, 2 kitchens, 2 4pc baths and 4 parking spaces. Units have separate meters, entrances and laundry. Both units have lots of storage space. Bright upper 3-bedroom unit is well-maintained and will be vacant upon sale - ready for you or a tenant to move into. Rooms are all a great size and layout makes the most of the space. Enjoy your morning coffee on the cozy front porch, or for more privacy, the fenced-in side-yard that has a small patio and traditional vegetable garden. Lower 2-bedroom unit is rented month-to-month for $1,100+ utilities to a reliable tenant with a flawless rent payment history. Home is conveniently located across the street from Lester B. Pearson school and has easy access to parks and paths. It's steps away from public transit, a hardware store, pharmacy, Tim Hortons, bakeries, the Beer Store and more. This home's easy highway access adds to the convenience of its central location. 1 Rectory is a house you'll want to see for yourself - Its steady rental income and low price point makes it an attractive home to live or invest in.
Call
Call