London and Area, Ontario

519-494-8614
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560 ONTARIO Street, London, Ontario, N5W3Y1

560 ONTARIO Street, London, Ontario, N5W3Y1 (ID 40281621)
Representative
Michael Palleschi portrait
Michael Palleschi
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 519-494-8614
Tel: 519- 667-1800

$469,900 - For sale

ID#:40281621

Newer, Purpose Built, Licensed, Legal Duplex in an old Historic Neighborhood in East London. Built in 1977 this turn key rental property is fully leased and a great investment. The main unit offers a bright living room, eat-in kitchen with plenty of cupboards and counter space, 2 bedrooms and 4 piece bathroom rents for $1,025. The 2nd unit features a living room, kitchen with a dining area, 2 bedrooms and a 4 piece bath rents for $1,350. There is even a small private porch off the bedroom. The backyard has a small patio and plenty of parking for tenants. Separate meters, each unit has its own wall furnace for heating. Building is a slab on grade design with no basement to worry about. Gross Income 2021 $27,237.90 Net Income $22,117.50. Don't miss out, very good buy, great tenants, priced to sell. (id:2471)

Location DescriptionTURN NORTH OFF OF DUNDAS STREET ONTO ONTARIO STREET. DUPLEX IS APPROXIMATELY 6 STREETS DOWN ON THE RIGHT (EAST SIDE OF THE ROAD).

Property Details
  • Property Address:560 ONTARIO Street, London, Ontario, N5W3Y1
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.099
  • Acreage:0.099 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access, Highway access, Highway Nearby
  • Parking Space Total:4
Structure Details for 560 ONTARIO Street, London, Ontario, N5W3Y1
  • Structure Style:Duplex
  • Building Age:1977
  • Bedrooms:4
  • Bathrooms:2
  • Floor Space:1639.6400
  • Heating Type:Natural gas
  • Style:Attached
  • Storeys:2
  • Basement Type:None
  • Cooling Type:None
  • Appliances Included:Microwave Built-in
  • Rental Equipment:Water Heater
  • Exterior Type:Aluminum siding, Brick
Amenities for 560 ONTARIO Street, London, Ontario, N5W3Y1 Golf course/parkland, Crushed stone driveway, Shared Driveway, School Bus
  • Amenities Nearby:Airport, Golf Nearby, Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Representative
Michael Palleschi portrait
Michael Palleschi
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: 519-494-8614
Tel: 519- 667-1800
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560 ONTARIO Street, London, Ontario, N5W3Y1

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