$629,900

Investment For Sale In East London, London, Ontario

$629,900

Property Information:

It's not very often that one comes across an opportunity that allows them the ability to invest in a highly sought after area like Old East Village. The opportunity to own 4 side by side duplexed units that are in excellent condition on deep lots, the City of London would likely look favourably upon a request to add additional new units to the rear of these homes due to the excess land available at the rear of the individual properties. Although the owners will consider selling them off individually, the preferred option is to sell them as a group. 626 Princess Ave., consists of a main level 2 bedroom unit with 4-pc bath. The upper unit consists of a spacious 1 bedroom unit with 4 pc bath. All rooms in both units are spacious with lots of natural light. This property has had various renovations over the years and is in very good condition.

Inclusions: Smoke Detector

Building Features:

  • Floor Space: 1500 Square Feet

Property Features:

  • Bedrooms: 3
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Driveway Parking: None
  • Floor Space (approx): 1500 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Shared
  • Lot Depth: 220 Feet
  • Lot Features: Rectangular, High Traffic Area, Park, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby
  • Lot Frontage: 30.00 Feet
  • Other Structures: None
  • Parking Features: Mutual/Shared
  • Road Frontage Type: Municipal Road
  • Roof: Metal
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R3-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Neighbourhood Notes:

Old East Village (OEV) is a historic neighbourhood in London, just east of Downtown; designated as an Ontario Heritage Conservation District in 2006 to recognize and protect its history and sense of place. With a mix of housing styles, mainly late 19th and early 20th century single detached homes, along with newer apartment buildings. There is a strong ‘front-porch’ culture throughout the Old East Village. The Western Fair Farmers and Artisans Market, open on Saturdays and Sundays, is a social feature of the neighbourhood. There are many great opportunities for recreation in Old East Village. Boyle Park has a playground, basketball court, and tennis courts, as well as a Community Centre with meeting rooms, a gymnasium, and kitchen facilities. The Western Fair District has an arena with four ice surfaces, live horse racing, a casino, and large event grounds that hosts the annual Western Fair. Queens Park is connected to the Western Fair and fronts onto Dundas Street. Carson Library Branch is also located in the heart of Old East Village. St. Mary’s Choir Catholic School is located in the neighbourhood, and students also attend East Carling Public School, Lord Roberts French Immersion, Blessed Sacrament Catholic School, and Central, Catholic Central, and H.B. Beal secondary schools.

Courtesy of: Royal LePage Triland Realty

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved