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In-PersonVirtual Tour
$ 719,900
Est. payment | /mo
$ 719,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East A
MLS Listing ID X12140217
Annual Tax Amount $4,281
Tax Year 2024
Property Sub-Type Investment
Property Description
Beautifully renovated all-brick duplex. Located on a large 63x150 ft lot in a quiet, family-orientated Northeast London neighbourhood. Two spacious 3-bed units features private entrances, open-concept layouts, separate high-ceiling basements, and individual hydro meters (2). Capital improvements include a new flat roof (April 2025), shingles (2017), heat pumps (2018), and modern finishes throughout. Lower unit was fully renovated in 2022, upper in 2024. Rented to A++ tenants at $2,275 (lower Oct 2025) and $2,100 (upper Month-to-month), tenants pay hydro and electric heat. Gross income: $52,500/year. Double garage, wide driveway, and the massive backyard provide potential for an Accessory Dwelling Unit. The two separate private entrance basements have 4-plex conversion potential (subject to approvals). Close to Western University, Fanshawe, parks, schools, and amenities. Perfect for investors or owner-occupants looking to house hack to offset their mortgage!
Location
Province ON
County Middlesex
Community East A
Area Middlesex
Zoning R2-2
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 63.0
Lot Depth 150.0
Others
Virtual Tour https://youtu.be/KSEA7sNqZpM?si=J21RCbAGtJjljL47
Listed by LONDON CITY REALTY CORP.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "