$699,000 FOR SALE

Duplex 2-Storey

Bedrooms: 6Bathrooms: 3Lot: 30 x 207 ft
2023 Taxes: $4,076

12 MCDONALD Ave
London, ON N6G 1B1 | Middlesex

LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.

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Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8205828
Last Updated Sep 01, 2024
Property Summary
Property Type Duplex

More like this:
PIN 082480064
Legal Description LOT 9 RCP 450; DESIGNATED PART 2, 33R4663 LONDON
Taxes (2023) $4,076
Assessment (2023) $279,000
Directions/Cross Streets North of Wharncliffe/Oxford.
Area Middlesex
Price History
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Detailed Information
Fronting On N
Link N
Special Designations Unknown
Bedrooms 6
Bathrooms 3
Rooms 8
Kitchens 3
Lot 30 x 207 ft
Acreage <.50
Exterior Vinyl Siding
Elevator N
Air Conditioning Central Air
Family Room N
Fireplace/Stove Y
Pool None
Laundry Level Main
Basement Finished, Full
Drive Available
Garage Spaces 0.0
Garage Type None
Parking Spaces 6
Total Parking Spaces 6.0
Heat Source Electric
Heat Type Forced Air
Sewers Sewers
Water Municipal
Zoning R2-3(2)
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
BrMain4.8 m x 3.57 m (15.75 ft x 11.71 ft)
BathroomMain2 m x 3 m (6.56 ft x 9.84 ft)
BathroomMain2 m x 3 m (6.56 ft x 9.84 ft)
KitchenMain3.48 m x 3.45 m (11.42 ft x 11.32 ft)
BrMain3.43 m x 3.05 m (11.25 ft x 10.01 ft)
BrMain2.95 m x 2.67 m (9.68 ft x 8.76 ft)
KitchenMain4.83 m x 4.09 m (15.85 ft x 13.42 ft)
LivingMain4.7 m x 3.48 m (15.42 ft x 11.42 ft)
BathroomBsmt2 m x 3 m (6.56 ft x 9.84 ft)
BrBsmt2.92 m x 2.34 m (9.58 ft x 7.68 ft)
BrBsmt2.92 m x 2.87 m (9.58 ft x 9.42 ft)
LivingMain4.17 m x 4.17 m (13.68 ft x 13.68 ft)
Bathrooms
Pieces Level
4Bsmt
3Main
4Main
Main

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