London East N5Z 1P1
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: No Pets Allowed

Financials

Price:C515,000
($364,991)
(€317,726)
Annual Taxes:C4,057
505 Park Ave, New York, NY 10022

Excellent investment opportunity with ONE VACANT RENOVATED UNIT !

Description

Excellent investment opportunity with ONE VACANT RENOVATED UNIT! Welcome to 784 Little Grey Street, a well-maintained duplex on a large deep lot in the heart of London, perfect for first-time investors, house hackers, or those looking to expand their real estate portfolio. The main floor unit (Unit A) features three bedrooms and a four-piece bathroom, currently rented for $2047.95 plus electricity, while the upper unit (Unit B) offers two bedrooms, a four-piece bathroom, and has been recently renovated and is currently vacant. Each unit is separately metered for electricity, with tenants paying their own electricity and the landlord covering gas and water. The property includes many updates such as new click vinyl flooring in Unit A, a new washing machine in Unit A, a large shed added in 2021, one owned tankless water heater, one rented water heater, and an owned hot water radiator system. With parking for four vehicles (three tandem and one single) and a prime location near 100 Kellogg Lane, Western Fair Market, trendy restaurants, cocktail lounges, microbreweries, coffee shops, florists, bakeries, and the downtown core, this property offers versatility, reliable income, and long-term growth potential.

Amenities

  • Separate Hydro Meter
  • Water Heater Owned

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.