Purpose-Built All Brick City Licensed Duplex in Premium Location. Exceptional investment opportunity in a sought-after location close to Western University and the downtown core. Situated on a generous 45' x 143' deeplot, this purpose-built all-brick duplex offers strong income and long-term upside. Currently generating a cap rate of approximately , 7.7 % (see income and expense details in the document section), this property is ideal for investors looking to expand their portfolio or set their own rents with future tenant placement opportunities The upper unit features 3 bedrooms. The main level offers 3 bedrooms, and the lower level includes 2 bedrooms with a separate entrance. The main and lower levels are currently configured and used together as a 5-bedroom unit. Common laundry is located in the lower level for tenant convenience. Additional highlights include a double car garage plus 3 additional parking spaces, roof replaced in 2021, owned water heater (2016), and furnace (2016). Located in the desirable Blackfriars neighbourhood, just steps to Harris Park and the scenic Thames River, this property offers excellent lifestyle appeal with access to trails, green space, transit, schools, and downtown amenities. A rare opportunity to secure a solid, purpose-built investment proper in one of London's most desirable rental corridors. It was rented up till beginning of May for $82,200.00. It is in the process of being rented again. It has just been going thru minor renovations and sprucing up.
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Listed by:
SUTTON GROUP - SELECT REALTY
Source: TRREB,MLS®#: X13091582Originating MLS®#: London and St. Thomas Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Bedroom
Level: Lower
Dimensions: 3.68 x 2.57
Bedroom
Level: Main
Dimensions: 2.97 x 2.59
Bedroom
Level: Lower
Dimensions: 3.76 x 3.56
Bedroom
Level: Second
Dimensions: 2.97 x 2.59
Bedroom 2
Level: Main
Dimensions: 4.29 x 2.59
Bedroom 2
Level: Second
Dimensions: 4.29 x 2.59
Bedroom 3
Level: Second
Dimensions: 4.17 x 3.07
Bedroom 3
Level: Main
Dimensions: 4.17 x 3.07
Den
Level: Lower
Dimensions: 3.45 x 2.59
Family room
Level: Lower
Dimensions: 4.19 x 3.68
Kitchen
Level: Second
Dimensions: 5.49 x 2.59
Kitchen
Level: Main
Dimensions: 3.66 x 2.59
Living room
Level: Second
Dimensions: 5.28 x 5.59
Living room
Level: Main
Dimensions: 5.28 x 3.56
Heating
Forced Air, Gas
Cooling
None
Appliances
Included: Water Heater Owned
Features
Basement: Separate Entrance,Partially Finished
Has fireplace: No
Interior area
Living area range: 2000-2500 null
Property
Parking
Total spaces: 5
Parking features: Private Triple
Has garage: Yes
Features
Stories: 2
Pool features: None
Lot
Size: 6,504 Square Feet
Features: Hospital, Library, Park, Place Of Worship, Public Transit, River/Stream
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