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Royal LePage
Royal LePage
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$559,000

1942 DULUTH CRESCENT, London, Ontario, N5V 1H7

QuickQuoteTM: $496K - $604K
MLS® # X11902679

3+3 Beds

2 Baths

Property Information:

CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+3
  • Bathrooms: 2
  • Features: Carpet Free
  • Irregular: Yes
  • Lot Depth: 136.6 Feet
  • Lot Frontage: 501.1 Feet
  • Lot Size: 501.13 x 136.61 FT
  • Utility Type: Cable - Available, Sewer - Installed
  • Zoning: R1-7
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: RARE REAL ESTATE

REALTOR.ca  

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Location of 1942 DULUTH CRESCENT, London, Ontario, N5V 1H7

Demographic Information of 1942 DULUTH CRESCENT, London, Ontario, N5V 1H7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,996.23

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.54 %

High school certificate or equivalent

34.98 %

Apprenticeship trade certificate/diploma

7.2 %

College/non-university certificate

25.82 %

University Degree

10.46 %

Commuter

Travel To Work

By Car

83.88 %

By Public Transit

7.66 %

By Walking

5.86 %

By Bicycle

0.0 %

By Other Methods

2.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.24 %

Houses

84.76 %

Own Vs. Rent

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