5 beds · 3 baths · 1499.9875 - 1999.983 sqft
Located in the heart of East London, this up-down duplex presents an ideal opportunity for both investors looking to build their portfolio and homeowners seeking rental income. With both units currently vacant, it offers flexibility for immediate occupancy or rental, maximizing potential returns. The Main unit boasts generous living space including a spacious den, powder room, and a comfortable family room. Upstairs features three well-proportioned bedrooms and a full four-piece bathroom, providing ample accommodation for a family or for tenants. The Bachelor Unit (Upper Back)has a seperate private outdoor entrance, making it ideal as a mortgage helper or additional income stream. The unit is Well-sized and thoughtfully laid out, it offers privacy and convenience. Recent upgrades include; Concrete driveway, patio, and deck installed in 2022. .Roof replaced in 2021, .Interior upgrades in 2022 include fresh paint, new flooring, and updated trim, creating a modern and inviting atmosphere throughout. Ample parking available on the L-shaped lot, accommodating multiple vehicles comfortably. Conveniently located just minutes from downtown London, offering easy access to amenities, shopping, dining, and entertainment. With both units vacant, there is immediate potential for rental income or owner-occupancy. (id:39198)
Building Type Duplex
Year built
Square Footage 1499.9875 - 1999.983 sqft
Stories 2
Bedrooms 5
Bathrooms 3
Parking 5
NeighbourhoodEast G
Land size 29.3 x 150 FT
Heating type Forced air
Basement typeN/A (Unfinished)
Parking Type
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: MAVERICK REAL ESTATE INC.
Home price
$525,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$4,776 / month
Rent $4,223
Savings $552
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$4,209 / month
Rent $4,094
Savings $115
Initial deposit 5%
Savings target Fixed at 5%