See all 47 photos
47 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$599,900
Est. payment /mo
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision East G
MLS Listing ID X12044473
Style Bungalow
Bedrooms 3
Building Age 51-99
Annual Tax Amount $4,169
Tax Year 2024
Property Sub-Type Detached
Property Description
INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential.
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.0
Lot Depth 115.0
Total Parking Spaces 3
Building
Unit Features Fenced Yard,Hospital,Public Transit,School Bus Route,School
Foundation Concrete
Others
ParcelsYN No
Read Less Info
Listed by CENTURY 21 FIRST CANADIAN CORP