$479,000

Investment For Sale In East London, London East (East G), Ontario

$479,000

Property Information:

Centrally located duplex in Old East Village. Building is very well maintained with many recent improvements-2 furnaces, 2AC units, separate electrical services, replacement windows. Two 2 bedroom units with oversized rooms and updated kitchen and baths and laminate flooring throughout. Main level was rented at a monthly rent of $1,588.75 plus hydro and became vacant in October. Upper unit was rented at $1,588.75 and became vacant on July 31, 2025. Net annual income of $27,352.00. Excellent investment opportunity for a first time buyer. The following documents are available upon request-rental license, summary of income and expenses, fire inspection letter, lease agreement (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Type: Partial
  • Exterior Finish: Vinyl siding, Stucco
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Features: Flat site
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 158.8 Feet
  • Lot Frontage: 31.2 Feet
  • Lot Size: 31.2 x 158.8 FT
  • Zoning: R3-2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX CENTRE CITY REALTY INC., EXP REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.