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$675,000
Available - For Sale
Listing ID: X12468561
Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request
Price $675,000
Taxes: $3,050
Tax Type: Annual
Occupancy by: Tenant
Address: 165 King Edward Aven , London South, N5Z 3T5, Middlesex
Postal Code: N5Z 3T5
Province/State: Middlesex
Directions/Cross Streets: Gladstone Ave & Dieppe St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Building Percentage: T
Total Area: 2,050
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Partial
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SUTTON GROUP-ADMIRAL REALTY INC.

165 King Edward Aven , London South, N5Z 3T5, Middlesex


 
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At a Glance:
Type: Com - Investment
Area: Middlesex
Municipality: London South
Neighbourhood: South H
Style:
Lot Size: x 90.00(Feet)
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Tax: $3,050
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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