553 Quebec Street
London, Ontario N5W3Y9

4 beds · 2 baths · null

Amazing Investment Opportunity Located in the heart of London! This turn-key, low maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash flowing investment or a mortgage helper to ease your payments. This building features 2 spacious units has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop.Fully rented to high-quality A+ tenants for $3075/month. Rent from 1st September $3464 (Plus unit 2 pays hydro and gas as well) (id:39198)

Facts & Features

Building Type Duplex

Year built

Square Footage

Stories 2

Bedrooms 4

Bathrooms 2

Parking 4

Neighbourhood

Land size 32.41 x 100.26 FT

Heating type Forced air

Basement typeFull (Unfinished)

Parking Type

Time on REALTOR.ca16 days

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

Brokerage Name: EXP REALTY

Powered by: REALTOR.ca

Home price

$579,999

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.

$5,276 / month

Rent $4,666

Savings $610

Initial deposit 2%

Savings target Fixed at 5%

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

$4,650 / month

Rent $4,523

Savings $127

Initial deposit 5%

Savings target Fixed at 5%

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