$1,075,000

Investment For Sale In North London, London, Ontario

$1,075,000

Property Information:

Stunning property steps from St. Joes Hospital and minutes from University Hospital. Fully renovated VACANT duplex with many outside entertaining areas for both units with each having their own private driveway. Exterior updates include new windows and doors, new decking and fencing, new staircase to upper unit with privacy panels and seating area, new interlocking stone sitting areas as well as new hard board on the kitchen and garage that has hydro as well as new garage door. The main floor features a spectacular kitchen with a centre island that comfortably sits 8, quartz and granite tops, soft close cabinetry, large pantry, wine bar area, charging station built into cabinetry, vaulted ceiling, exposed brick and 2 outside accesses to a private deck and a private interlocking stone patio directly from the kitchen which is fabulous for entertaining. The covered wrap around front porch is a great space to sit while watching storms pass by. Not only does the main floor have 2 beds, 2 baths (ensuite with double sinks, centre cabinetry and a glass walk-in shower), it showcases original hardwood flooring with modern finishes such as pot lighting, ceiling fans, original glass pocket door, original marble around the master fireplace, original entry fixture and main floor laundry. The upper unit also has its own laundry, 2 bedrooms, eat-in kitchen and exposed brick in the large master. The main floor unit has been rented as an "Executive furnished short term rental" for $3,650 while upstairs market rents suggest $2,400-$2,600. This home is designated "Heritage" and is just a beauty to look at. Very private outside spaces with all the conveniences within walking distance. A few different options are available - add this home to your portfolio with a cap rate of around 6%, rent one of the units to help pay your mortgage should you wish to live here or convert it back to a single family home. This home does not disappoint!!

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Smoke Detector,Window Coverings,Wine Cooler

Building Features:

  • Floor Space: 1808 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Board & Batten Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide, Private Drive Double Wide
  • Floor Space (approx): 1808 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 93.25 Feet
  • Lot Features: City Lot, Near Golf Course, Hospital, Park, Place of Worship, Public Transit, Shopping Nearby, Trails
  • Lot Frontage: 42.33 Feet
  • Parking Features: Detached Garage
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

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