196-198 Clarence Street
London, Ontario N6B2J7

4 beds · 2 baths · 1099.9909 - 1499.9875 sqft

Welcome FIRST-TIME home buyers and INVESTOR! This charming side-by-side DUPLEX in the heart of London offers incredible value with low property taxes under $1,760 per year. Situated on a spacious 57x110 lot zoned R3-1 and easily convertible into TRIPLEX OR FOUR-PLEX making it a dream investment. Each unit has its own entrance, with Unit 198 recently renovated and featuring two hot water heaters, a shared forced-air gas furnace (replaced in 2020), and shingles updated in 2018. Together, the units offer 4 bedrooms, 2 full baths, and unfinished basements with approximately 6 ft ceilings.Tenants cover all utilities, making this an attractive and easy investment opportunity. Don't miss out on this excellent property! Vacant Possession may be possible, please contact for further details. (id:39198)

Facts & Features

Building Type Duplex

Year built

Square Footage 1099.9909 - 1499.9875 sqft

Stories 1

Bedrooms 4

Bathrooms 2

Parking 2

NeighbourhoodEast K

Land size 57 x 110 FT|under 1/2 acre

Heating type Forced air

Basement typeN/A (Unfinished)

Parking Type Tandem

Time on REALTOR.ca2 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX ICON REALTY

Powered by: REALTOR.ca

Home price

$410,000

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.

$3,730 / month

Rent $3,298

Savings $431

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$3,287 / month

Rent $3,197

Savings $90

Initial deposit 5%

Savings target Fixed at 5%

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