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$749,900

758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

MLS® # X12734942

London East (East C) ON, N5Y 3Y8

MLS® # X12734942

Property Information:

DUPLEX! ALL BRICK!! SAME OWNERS SINCE 1975!!! Stunning turn-key DUPLEX located in the heart of Carling Heights community. This beautifully maintained property has undergone improvements without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied duplex. Live in one unit and have the tenant pay your mortgage. Main floor 2 bedroom unit boasts beautifully appointed shaker style kitchen featuring Granite countertops, designer tile backsplash, ceramic tile flooring throughout and stainless steel appliances. Luxury spa-like bathroom boasts stunning contemporary finishes. Upper 3 bedroom unit currently rented to a long term A+ tenant. Contact listing agent for details. Separate entrances for additional privacy between units. Both units feature convenient in-suite laundry. Both units feature an OVERSIZED front porch, perfect for enjoying that morning cup of coffee or evening glass of wine. Efficient hot water boiler heating system servicing both units. Ductless air conditioning unit provides ample cooling on the main floor. Separate hydro meters. Expansive concrete driveway offers parking for 6 vehicles plus BONUS attached single car garage with inside entry. Zoning: R1-6. Contact the City of London regarding the possibility of adding an Additional Residential Unit (ARU) in the lower level. London is encouraging this form of residential development to improve housing diversity, affordability and sustainable land use. Located close to all amenities including shopping, great schools, playgrounds, public transit, London Health Sciences Centre and Fanshawe College. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 3152 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned
  • Appliances: Dishwasher, Dryer, Microwave, Range

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 1
  • Floor Space (approx): 3152 Square Feet
  • Irregular: Yes
  • Lot Depth: 125.2 Feet
  • Lot Frontage: 54.2 Feet
  • Lot Size: 54.28 x 125.31 FT
  • Zoning: R1-6
  • No. of Parking Spaces: 6

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

Demographic Information of 758 CHEAPSIDE STREET, London East (East C), Ontario, N5Y 3Y8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,581.14

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.71 %

High school certificate or equivalent

34.57 %

Apprenticeship trade certificate/diploma

5.95 %

College/non-university certificate

25.51 %

University certificate (below bachelor)

1.28 %

University Degree

14.98 %

Commuter

Travel To Work

By Car

82.05 %

By Public Transit

8.72 %

By Walking

4.22 %

By Bicycle

1.09 %

By Other Methods

3.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.54 %

Houses

94.46 %

Own Vs. Rent