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$ 449,000
Est. payment | /mo
1 Bed
2 Baths
$ 449,000
Est. payment | /mo
1 Bed
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision South F
MLS Listing ID X12192119
Style Bungalow
Bedrooms 1
Annual Tax Amount $2,643
Tax Year 2024
Property Sub-Type Duplex
Property Description
Beautifully Renovated Duplex in Sought-After Old South only steps to Wortley Village. Welcome to this completely redone duplex in the heart of London's iconic Old South neighbourhood. Just a short walk to vibrant Wortley Village, this turn-key property is ideal for investors or owner-occupiers looking to live in one unit and rent the other.This charming home offers two self-contained units:Unit A: A stylish bachelor suite with open-concept living Unit B: A spacious one-bedroom unit, full of natural light. Both units are projected to rent at $1,400/month and $1,800/month inclusive, offering a net income over $32,000 annually and a cap rate of 7%+. Each unit has its own hydro meter, and there's convenient parking for two vehicles. The location is unbeatable, steps to a major bus route, parks, cafes, and local shops. Whether you're expanding your portfolio or seeking a flexible living arrangement in one of London's most beloved neighbourhoods, this is a rare opportunity not to be missed. Flexible closing. Vacant possession.
Location
State ON
County Middlesex
Community South F
Area Middlesex
Zoning R2-2
Rooms
Family Room No
Basement Full
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling Other
Inclusions 2 Refrigerators, 2 stoves, 2 dishwashers, 1 washer, 1 dryer. Window coverings. 2 hot water tanks.
Exterior
Exterior Feature Patio
Pool None
Roof Type Membrane
Lot Frontage 20.0
Lot Depth 43.29
Total Parking Spaces 2
Building
Foundation Unknown
Others
Senior Community No
Virtual Tour https://tours.clubtours.ca/vtnb/356773
Listed by THE REALTY FIRM INC.
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YHSGR Corporate
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