$688,884 FOR SALE

Triplex

Bedrooms: 5Bathrooms: 3Lot: 40 x 233 ft

354 Spruce Street
London, ON N5W 4N7

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1595 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait! (id:47423)

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Listed By EXP REALTY
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X9056488
Last Updated Oct 09, 2024
Property Summary
Property Type Triplex

More like this:
Community East H
Price History
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Detailed Information
Bedrooms 5
Bathrooms 3
Lot 40 x 233 ft
Amenities Nearby Park, Place of Worship, Schools, Public Transit
Community Features School Bus, Community Centre
Features Lighting, In-Law Suite
Listing Contract Date 2024-07-26
Location Description Dundas St & Spruce St; Take Dundas St East or West to Spruce St; Head South on Spruce St; Property on East Side of Spruce St
# of Parking Spaces 3
Property Type Single Family
Structures Deck, Porch
Transaction Type For sale
Zoning Description R2-3
Building
Appliances Water Heater, Range, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Features Walk-up
Basement Type N/A (Unfinished)
Cooling Type Central air conditioning
Exterior Finish Vinyl siding
Fire Protection Smoke Detectors
Foundation Type Block, Slab
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Tandem
Utilities
Type Description
CableAvailable
SewerInstalled
Land
Total Size 40 x 233 FT | under 1/2 acre
Amenities Park, Place of Worship, Schools, Public Transit
Sewer Sanitary sewer
Size of Irregular Land 40 x 233 FT
External Links

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