An exciting opportunity awaits investors and first-time buyers looking for a mortgage helper. Located in Downtown London, this two-storey yellow brick duplex is your ticket to long-term wealth building while enjoying all the nearby amenities this growing city has to offer. Whether embarking on a new chapter or expanding your investment portfolio, this property offers many perks to even the most discerning buyer. Practicality meets comfort in the main floor unit featuring one bedroom (with the possibility for two), 4pc bathroom, good sized kitchen with gas stove and plenty of cabinetry, convenient laundry in lower level, soaring ceilings, plenty of character throughout including a timeless fireplace, ample storage space and smart layout with front and rear entrances.The upper level unit offers a practical layout and unique features with two bedrooms, 3pc bathroom, large kitchen with s/s appliances and an abundance of counter space, in-unit laundry, formal dining room and two living rooms including an impressive loft with vaulted ceilings. As an added bonus, this duplex provides plenty of storage in the lower level that is easily segregated between tenants and comfortable parking for 3 vehicles. Experience the best of downtown living with this strategically located property, just a hop, skip and a jump from Labatt Memorial, Ivey, and Harris Park, stunning walking/riding trails, Budweiser Gardens, Covent Garden Market, and every other downtown attraction. Both tenants are on month-to-month terms with rents as follows, Upper Level: $1,153. Main Level: $801. Tenants pay their separately metered hydro and gas. Landlord pays water.Theres a reason every smart investor emphasizes location, location, location. Londons long-term outlook couldnt be better so take advantage of this rare Downtown property today! (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
30.08 x 84.58 ft
Listing Contract Date
2024-05-06
Location Description
Heading down Richmond Street, Turn left at the 1st cross street onto Oxford St E, Turn left onto Wharncliffe Road N, Turn left onto Stanley Street, The property will be on the left.
# of Parking Spaces
3
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Zoning Description
R3-2
Building
Appliances
Microwave
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Main level
2.34 m x 4.17 m
Sitting room
Main level
3.45 m x 4.66 m
Kitchen
Main level
3.76 m x 4.94 m
Dining room
Main level
3.45 m x 4.29 m
Bedroom
Main level
4.07 m x 3.19 m
Living room
Main level
3.27 m x 4.4 m
Kitchen
Main level
3.27 m x 4.78 m
Bathroom
Main level
4.07 m x 2.32 m
Sitting room
Upper Level
7.37 m x 4.74 m
Bedroom
Upper Level
7.37 m x 4.21 m
Land
Total Size
30.1 x 84.6 FT | under 1/2 acre
Fence Type
Fenced yard
Sewer
Sanitary sewer
Size of Irregular Land
30.1 x 84.6 FT
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