$649,900

Investment For Sale In South London, London, Ontario

$649,900

Property Information:

An exciting opportunity awaits investors and first-time buyers looking for a mortgage helper. Located in Downtown London, this two-storey yellow brick duplex is your ticket to long-term wealth building while enjoying all the nearby amenities this growing city has to offer. Whether embarking on a new chapter or expanding your investment portfolio, this property offers many perks to even the most discerning buyer. Practicality meets comfort in the main floor unit featuring one bedroom (with the possibility for two), 4pc bathroom, good sized kitchen with gas stove and plenty of cabinetry, convenient laundry in lower level, soaring ceilings, plenty of character throughout including a timeless fireplace, ample storage space and smart layout with front and rear entrances.The upper level unit offers a practical layout and unique features with two bedrooms, 3pc bathroom, large kitchen with s/s appliances and an abundance of counter space, in-unit laundry, formal dining room and two living rooms including an impressive loft with vaulted ceilings. As an added bonus, this duplex provides plenty of storage in the lower level that is easily segregated between tenants and comfortable parking for 3 vehicles. Experience the best of downtown living with this strategically located property, just a hop, skip and a jump from Labatt Memorial, Ivey, and Harris Park, stunning walking/riding trails, Budweiser Gardens, Covent Garden Market, and every other downtown attraction. Both tenants are on month-to-month terms with rents as follows, Upper Level: $1,153. Main Level: $801. Tenants pay their separately metered hydro and gas. Landlord pays water.There’s a reason every smart investor emphasizes location, location, location. London’s long-term outlook couldn’t be better so take advantage of this rare Downtown property today!

Inclusions: Hot Water Tank Owned,Microwave

Building Features:

  • Floor Space: 1901 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1901
  • Cooling: Central Air
  • Driveway Parking: Private Drive Double Wide
  • Fencing: Full
  • Floor Space (approx): 1901 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Other
  • Laundry Features: In-Suite
  • Lot Depth: 84.6 Feet
  • Lot Features: Dog Park, City Lot, Library, Park, Place of Worship, Playground Nearby, Shopping Nearby, Trails
  • Lot Frontage: 30.10 Feet
  • Parking Features: Gravel
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake/Pond
  • Zoning: R3-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: HOMEOLOGY REAL ESTATE GROUP, BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved