Fully licensed legal duplex located on quiet Old East Village street steps to great shops, restaurants, parks, trails and walking distance to downtown London. This beautifully maintained yellow brick duplex is perfect for both investors and owner occupiers looking to live in one unit and pay down a significant portion of their mortgage with the rents from the other unit. This building is extremely easy to manage with each unit conveniently having their own separate private driveway, laundry facilities, hydro meters and heat. Landlord is only responsible to pay the water. The large main floor/lower level unit features 3-4 spacious bedrooms, a bonus office/den, 2 full bathrooms, main floor laundry, an open concept kitchen with quartz countertops & stainless appliances, welcoming family room & formal dining area. 3 parking spaces available on separate private drive. The main floor unit will be vacant as of September 1, 2024, allowing the new Buyer to set their own rents or owner occupy. Current market rents for this main floor unit are approximately $2,650 plus hydro & gas for a family or $3,200 plus hydro & gas for students. The upstairs unit features 2 spacious bedrooms, a family room, kitchen and 4pc bathroom. There are 2 parking spaces available on a separate private drive. The upstairs unit is currently on lease at fair market value for $1,600 plus hydro from May 1, 2024 April 30, 2025. Both units are in fantastic condition. Private fully fenced yard in rear great for activities and pets. Lovely covered porch in front perfect for morning coffees or evening cocktails. Recent upgrades include a new gas furnace (2020), A/C (2020), 125 AMP electrical panel, and new painting & lighting throughout. This is a perfect opportunity to get into the market and own your own home in desirable Old East Village. City of London Rental License and upstairs lease attached in the documents tab. (id:47423)
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Detailed Information
Bedrooms
4+2
Bathrooms
3
Lot
42 x 104 ft
Amenities Nearby
Park, Public Transit, Schools
Community Features
Community Centre
Equipment
Water Heater
Listing Contract Date
2024-06-26
Location Description
Ontario St between Dufferin and Queen St
# of Parking Spaces
5
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
R3-2
Building
Amenities
Separate Electricity Meters
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Baseboard heaters
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
4.84 m x 4.76 m
Kitchen
Second level
4.13 m x 3.14 m
Bathroom
Second level
2.37 m x 1.71 m
Bedroom
Second level
3.04 m x 3.94 m
Bedroom
Second level
2.76 m x 3.94 m
Bedroom
Basement
5.12 m x 3.4 m
Bathroom
Basement
2.56 m x 1.53 m
Living room
Main level
3.87 m x 3.82 m
Dining room
Main level
4.45 m x 13.9 m
Kitchen
Main level
3.83 m x 3.59 m
Bedroom
Main level
3.77 m x 2.65 m
Bathroom
Main level
1.54 m x 3.54 m
Land
Total Size
42 x 104 FT ; 104.42 ft x 42.09 x 104.43 x 42.73 ft
Amenities
Park, Public Transit, Schools
Sewer
Sanitary sewer
Size of Irregular Land
42 x 104 FT ; 104.42 ft x 42.09 x 104.43 x 42.73 ft
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