Property Information:

Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum. The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you're a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value. Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you'll enjoy easy access to downtown amenities, transit, and major employers. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Unfinished
Basement Type: Crawl space
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 0 - 699 sqft Square Feet
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2
Bathrooms: 1
Floor Space (approx): 0 - 699 Square Feet
Irregular: Yes
Lot Depth: 55 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 55 FT
Structure Type: Porch
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 1

Courtesy of: SUTTON GROUP - SELECT REALTY

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Demographic Information of 174 CLARENCE STREET, London East (East K), Ontario, N6B 2J7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$102,931.17

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.54 %

High school certificate or equivalent

25.38 %

Apprenticeship trade certificate/diploma

4.08 %

College/non-university certificate

21.27 %

University certificate (below bachelor)

2.43 %

University Degree

38.31 %

Commuter

Travel To Work

By Car

71.37 %

By Public Transit

8.8 %

By Walking

13.35 %

By Bicycle

0.97 %

By Other Methods

5.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.59 %

Houses

13.41 %

174 CLARENCE STREET, London East (East K), Ontario, N6B 2J7