Property Information:

Rare opportunity to own a spacious bungalow on a 45.11 x 150.79 ft lot, ideally located within walking distance to Fanshawe College. This income-generating property features two self-contained units: the upper level offers 3 large bedrooms, a bright living room, separate laundry, and is currently rented for $2,050/month. The lower unit includes two private entrances, a full kitchen, bathroom, laundry, two bedrooms (one with a walk-in closet), an additional room suitable as an office or third bedroom, and a generous living area with oversized windows; existing tenants pay $1,700/month and are willing to stay. The deep backyard and existing structure present potential for an additional unit, making this an excellent opportunity for investors, first-time buyers, students, or families seeking strong rental income and future growth potential. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Finished
Basement Type: N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding, Stucco
Floor Space: 2000 - 2500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Appliances: Dryer, Two stoves

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+2
Bathrooms: 2
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 150 Feet
Lot Frontage: 45 Feet
Lot Size: 45 x 150 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Office Basement Level 2.97 m x 2.60 m
2nd Bedroom Basement Level 3.22 m x 2.50 m
Kitchen Basement Level 2.65 m x 2.90 m
Laundry Basement Level 1.80 m x 2.20 m
Bedroom Basement Level 4.10 m x 3.80 m
Kitchen Main Level 2.65 m x 2.78 m
Bathroom Main Level 2.07 m x 2.53 m
Living Main Level 4.80 m x 3.67 m
Dining Main Level 2.92 m x 3.67 m
Laundry Main Level 2.85 m x 2.33 m
Bedroom Main Level 2.97 m x 2.94 m
2nd Bedroom Main Level 2.80 m x 3.22 m
Bathroom Upper Level 2.07 m x 2.53 m
Living Upper Level 4.10 m x 3.40 m
Primary Bedroom Upper Level 3.29 m x 4.30 m
Kitchen Upper Level 2.92 m x 2.78 m

Convert Measurement to:

Courtesy of: GOLD EMPIRE REALTY INC.

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Demographic Information of 465 SECOND STREET, London East (East H), Ontario, N5V 2B1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,013.62

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.06 %

High school certificate or equivalent

36.92 %

Apprenticeship trade certificate/diploma

5.12 %

College/non-university certificate

27.51 %

University certificate (below bachelor)

1.97 %

University Degree

16.43 %

Commuter

Travel To Work

By Car

66.14 %

By Public Transit

18.57 %

By Walking

9.29 %

By Bicycle

0.97 %

By Other Methods

5.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.98 %

Houses

52.02 %

465 SECOND STREET, London East (East H), Ontario, N5V 2B1