Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C849,900
($621,778)
(€531,203)
Annual Taxes:C5,459
505 Park Ave, New York, NY 10022

Description

Recently Renovated 2 Unit home in Prime North London Location! This licensed 4-level back-split detached home is a rare turnkey opportunity for investors or parents of Western University students. Offering excellent rental income, the property features two spacious, self-contained units each with two levels of living space and private outdoor areas. Unit A, renovated in 2021, offers a bright, open-concept main floor with living, dining, and kitchen areas, plus 3 generously sized bedrooms, 2 full bathrooms, and in-suite laundry on the upper level. Unit B is newly renovated and features two-level living with a modern open-concept layout, 2 large bedrooms, a full bathroom, and private laundry. In both units, bedrooms are located on a separate floor from the main living area, providing better privacy and sound insulation ideal for comfortable shared living. Each unit enjoys a private fenced yard with a storage shed and backs onto a peaceful park, offering beautiful views and added tranquility. The home sits on a large pie-shaped lot with parking for four vehicles. Rare utility separation includes two hydro meters, two furnaces, two A/C units, and two owned hot water heaters a major bonus for long-term investors. Currently tenanted for $4,400/month, with tenants paying all utilities and handling lawn and snow maintenance. Unbeatable location near Western University, Masonville Mall, Costco, T&T Supermarket, and excellent transit and amenities. A truly unique, income-generating gem in one of London's most desirable neighbourhoods.

Amenities

  • In-Law Suite
  • Park/Greenbelt
  • Trees/Woods

Recently Renovated 2 Unit home in Prime North London Location !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.