Price ChangeFor Sale

578 WATERLOO Street
London East, Middlesex, ON, N6B 2P9

Investment
TRREB
MLS® Number: X12264967
$729,900List Price
InvestmentProperty Type
1,872 sq ftSize
$5,002.54 / 2024Taxes (Annual)
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PRICE CHANGED
$729,900
Previously Listed For:
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Listing History

Buy/sell history for 578 WATERLOO Street, London East, ON N6B 2P9

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Description

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!

Features

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Amenities

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Summary

Tax (Annual):$5,002.54 / 2024
Listing #:X12264967
Property Type:Investment
Size:1,872 sq ft
Land Size:33 x 165
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 FIRST CANADIAN CORP

Rooms

Details

Property

Property Type:Investment
Community:East F
Municipality:Middlesex

Building

Size:1,872 sq ft

Inside

Bedrooms:5
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open

Land

Cross Street:CENTRAL AVE.

$729,900

List price

578 WATERLOO Street, London East – 5 bed Investment for sale · MLS® # X12264967