Description

Finally! An affordable detached brick home at $384,900, PLUS an additional licensed income suite (vacant) projected at $1,450 a month and the potential to buy with as little as 5% down (about $19k) for a qualified owner-occupant. Minutes to downtown, own your own detached home without giving up location. Live on one floor and let the other help carry the mortgage. The main and upper levels are each fully self-contained with a full kitchen, living room, bedroom and bathroom, both are carpet free, and a City of London rental licence is already in place for both units. With full vacancy on possession, you pick your own tenant at today's rents instead of inheriting someone else's lease, or have an entire suite available for your family! The full unfinished basement has its own separate entrance, giving you storage and room to grow. Rear parking for three vehicles, an owned water heater, two fridges, two stoves, and washer and dryer are all included, and annual taxes are just $2,366. No rental water heater, no inherited tenancy, no below-market lease. Just a detached home on a 26 x 96 ft lot that pays you back!

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