Space
Finished area and layout
- Square Feet
- 1,500-2,000 sqft
- Bedrooms
- 8
- Bathrooms
- 4
+38 more
8
Bedrooms
4
Bathrooms
1,500-2,000 sqft
Square Feet
54 x 88 FT
Lot
7
Parking
Property Snapshot
Key details for this listing
MLS #X13758698
Property
Type, style and structure
- Type
- residential
- Style
- duplex / Duplex
- Structure
- 1 1/2 Storey
- Ownership
About This Property
This 8-bedroom, 4-bathroom duplex in London East offers 1,500-2,000 sqft of square feet on a 54 x 88 FT lot. 1 storey. The property has zoned R2-3. The home features central air, a finished, separate entrance basement. Highlights include a none pool.
MLS Remarks
An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53,000, with an estimated net operating income of approximately $44,000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations. (id:60351)
Full Listing Details
Address434 Second Street, London East, ON N5W 4T1
MLS#X13758698
Listing StatusActive
Property TypeResidential
Sub-TypeDuplex
TransactionSale
List DateSep 8, 2026
Days on Market48
Common InterestFreehold
Annual Tax$3,336 (2025)
Parking7
Parking TypePrivate Double
Structure TypeDuplex
AttachedAttached
Style1 1/2 Storey
ConstructionVinyl Siding
Bedrooms8
Bathrooms4
Bedrooms Above Grade4
Bedrooms Below Grade4
Square Feet1,500-2,000 sqft
Kitchens2
Stories1
CityLondon East
ProvinceOn
Postal CodeN5W 4T1
Lot Dimensions54 x 88 FT
Frontage54.0 feet
ZoningR2-3
Zoning DetailsR2-3
Total Parking7
Parking FeaturesPrivate Double
CoolingCentral Air
BasementFinished, Separate Entrance
RoofShingles
FoundationConcrete
PoolNone
SewerSewer
Annual Tax$3,336 (2025)
Dundas St to Second St
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