This hidden gem punctuates the neighbourhood in Historic Downtown Woodfield; a turnkey renovated three unit 19th century cottage charmer style home. Full of history, this newly renovated multi-generational home sits on a huge lot with one of the largest backyards on the street that features a row of fully mature lilac bushes, an outdoor living space with gas hookup, huge gardens and two driveways with space for up to six cars. Lord Roberts Public School and London Central Secondary School are within walking distance making this a perfect family home featuring three spacious bedrooms, two bathrooms, a full kitchen, kitchenette and laundry in the back. The home also features a legal two bedroom upper apartment w/ separate entrance and dedicated laneway and a one bed and one bath private front unit making it the perfect mortgage-helper or investment opportunity. The configuration would allow the main level two units to be opened up into a single oversized shared space. This property was operated as a succesful short term rental previously and would be well suited for an owner to occupy the upperor front unit and short term rent the main unit. It also presents the oppurtunity for an in demand midterm or long term rental with the flexibility to place profesionals, families or students. As Woodfield continues to develop and become a more and more souight after neighbourhood, secure your piece of history for the inevitable appreciation of the future.
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Detailed Information
Bathrooms
4
Lot
46.5 x 121.5 ft
Total Area
1,895.92 ft2
Air Conditioning
Central Air
Basement
Y
Chattels
Y
Garage Type
None
Parking Spaces
6
Heat Type
Forced Air
Financial Statement
Y
Net Income Before Debt
$63,000
Heat Expenses
$900
Insurance Expense
$1,600
Management Expense
$2,791
Operating Expenses
$13,027
Other Expenses
$1,260
Expenses Actual/Estimated
Est
Area Influences
Public Transit
Sewers
Sewers
Water
Municipal
Zoning
R3-2
Seller Property Info Statement
Y
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