Space
Finished area and layout
- Square Feet
- 700-1,100 sqft
- Bedrooms
- 3
- Bathrooms
- 2
+32 more
3
Bedrooms
2
Bathrooms
700-1,100 sqft
Square Feet
32.3 x 130 FT
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13642796
Property
Type, style and structure
- Type
- residential
- Style
- duplex / Duplex
- Structure
- Bungalow
- Ownership
About This Property
This 3-bedroom, 2-bathroom duplex in London East offers 700-1,100 sqft of square feet on a 32.3 x 130 FT lot. 1 storey. The home features wall unit(s), a apartment, separate entrance, finished basement, a fireplace. Highlights include a none pool.
MLS Remarks
CHARM, CHARACTER & INCOME POTENTIAL! This beautifully maintained Old North bungalow offers the perfect blend of timeless Craftsman character and modern functionality, with $3,900 in current monthly rental income ($46,800 annually). The upper unit rents for $2,200/month and the lower unit for $1,700/month. Both units have separate hydro meters, with tenants paying their own hydro. Original architectural details, including elegant millwork, decorative pillars separating the living and dining rooms, an original French door, and mosaic tile, preserve the home's historic appeal.Now registered and licensed as a legal duplex, this R1-4 zoned property features two self-contained units with separate hydro services, making it an exceptional opportunity for investors or owner-occupants looking to offset their mortgage with rental income. If a single-family home is preferred, the property can be easily converted back by reinstating the rear staircase. Extensive renovations completed in 2023 include the creation of a fully legal lower suite, updated mechanical systems, separate heating and cooling, ERV systems, and numerous capital improvements throughout. Located in the highly desirable Old North neighbourhood, the property is just minutes from Western University, St. Joseph's Hospital, downtown London, parks, schools, shopping, and transit. Whether you're looking for a turnkey income property, a mortgage helper, or a multi-generational living opportunity, this property offers outstanding flexibility in one of London's most sought-after communities. All measurements are approximate. See attachments for list of upgrades, and City of London Rental Licence. (id:60351)
Full Listing Details
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