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$449,000
Est. payment /mo
1 Bed
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision South F
MLS Listing ID X12192119
Style Bungalow
Bedrooms 1
Annual Tax Amount $2,643
Tax Year 2024
Property Sub-Type Duplex
Property Description
Beautifully Renovated Duplex in Sought-After Old South only steps to Wortley Village. Welcome to this completely redone duplex in the heart of London's iconic Old South neighbourhood. Just a short walk to vibrant Wortley Village, this turn-key property is ideal for investors or owner-occupiers looking to live in one unit and rent the other.This charming home offers two self-contained units:Unit A: A stylish bachelor suite with open-concept living Unit B: A spacious one-bedroom unit, full of natural light. Both units are projected to rent at $1,400/month and $1,800/month inclusive, offering a net income over $32,000 annually and a cap rate of 7%+. Each unit has its own hydro meter, and there's convenient parking for two vehicles. The location is unbeatable, steps to a major bus route, parks, cafes, and local shops. Whether you're expanding your portfolio or seeking a flexible living arrangement in one of London's most beloved neighbourhoods, this is a rare opportunity not to be missed. Flexible closing. Vacant possession.
Location
Province ON
County Middlesex
Community South F
Area Middlesex
Rooms
Family Room No
Basement Full
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling Other
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Patio
Pool None
Roof Type Membrane
Lot Frontage 20.0
Lot Depth 43.29
Total Parking Spaces 2
Building
Unit Features School,Public Transit,Place Of Worship,Library
Foundation Unknown
Others
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Listed by THE REALTY FIRM INC.