361 Vesta Road No longer available

London, East A, N5Y 1E9

$799,999

Description

Listed by LONDON CITY REALTY CORP..

Beautifully renovated all-brick purpose-built duplex (up/down) in North-East London with attached double garage. Featuring two spacious three-bedroom units, each with separate basements and separate electrical meters. The double-wide paved driveway offers 6 parking spots including garage parking. The vast backyard spans 63 feet in width and 150 feet in depth, presenting significant potential for adding an Auxiliary Dwelling Unit (ADU) for additional units (city permits required). The shingles on the roof were replaced in 2019. Both the lower (2022) and upper (2024) units have been updated with contemporary finishes. Units are nearly identical layouts, highlighted by large front windows, oversized living and dining areas, and newer renovated kitchens, bathrooms, and bedrooms. The property includes two separate unfinished basements with high ceilings and separate access, presenting significant potential for conversion into a four-plex (please consult with the city of London). Upon possession, the lower unit will be vacant, providing an ideal chance for owner occupancy or set your own market rent. The upper unit is currently leased to A++ tenants for $2050 per month. Tenants are responsible for heat/hydro costs (separate meters). The duplex is equipped with a very efficient mini-split heat pump system (2018) featuring heads throughout for efficient heating and cooling (AC). Owners only pay taxes, water, and hot water tank rental costs. Close to all amenities including Western University and Fanshawe College. Do not miss this opportunity!!

Location

View Map
  • Address: 361 Vesta Road
  • Neighborhood: East A
  • City: London
  • State: Ontario
  • Postal Code: N5Y 1E9

Property Details

  • Property ID: X9038621
  • Property Price: $799,999
  • Style: Multiplex, 2-Storey
  • Sq/Ft: 1500-2000
  • Rooms: 14
  • Bedrooms: 6
  • Bath: 2
  • Garages Spaces: 2
  • Garage: Attached
  • Parking Spaces: 6
  • A/C: Other
  • Basement: Unfinished
  • Den: Y
  • Elevator: N
  • Exterior: Brick
  • Heating: Heat Pump
  • Fireplace: N
  • Taxes: $4,281.00 (2024)
  • Lot: 150.00x63.00 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in East A

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in East A

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in East A

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

1099 Hamilton Road

London, N5W 1A7

  • 6 Bedrooms
  • 4 Bath
  • 2500-3000 sq ft
  • 1 Garage
  • For Sale

91 Stanley Street

London, N6C 1B3

  • 6 Bedrooms
  • 4 Bath
  • 2000-2500 sq ft
  • 2 Garage