Space
Finished area and layout
- Living Area
- 1,100 sqft
- Above Grade
- 1,100 sqft (Other)
- Finished Breakdown
- Above 1,100 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+25 more
5
Bedrooms
2
Bathrooms
1,100 sqft
Living Area
58.0 feet frontage
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #40871377
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 5-bedroom, 2-bathroom multi-family in London offers 1,100 sqft of living area on a 58.0 feet frontage lot. 2 storeys. The home features forced air, natural gas heating, central air conditioning, a partially finished, full basement.
MLS Remarks
Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location! (id:60351)
Full Listing Details
Address1 SOUTHWOOD Crescent
MLS#40871377
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market10
Common InterestFreehold
Annual Tax$7,047
Parking4
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Bedrooms5
Bathrooms2
Living Area1,100 sqft
Above Grade Area1,100 sqft (Other)
Stories2
CityLondon
ProvinceOntario
Postal CodeN6J1S8
SubdivisionSouth D
Frontage58.0 feet
Zoning DetailsR1-7
Total Parking4
HeatingForced air, Natural gas
CoolingCentral air conditioning
BasementPartially finished, Full
FoundationPoured Concrete
ExteriorVinyl siding, Brick Veneer
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$7,047
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