425 English Street Sold 2 days ago

London, East G, N5W 3T4

$689,900$000000

Description

Listed by CENTURY 21 FIRST CANADIAN CORP.

Discover the perfect investment opportunity in the heart of Old East Village! This beautifully renovated duplex, with separate hydro, is currently VACANT and is being sold FULLY FURNISHED and fully stocked (reach out for a full list of inclusions). It has been meticulously upgraded from top to bottom, blending modern luxury with classic charm. The Lower Unit has been consistently rented for $2,500 and features 3 bedrooms and 2 full bathrooms. This inviting space offers a formal dining area ideal for entertaining. Step outside to enjoy your own fully fenced & maintenance-free yard, complete with a brand-new covered deck and built-in benches, perfect for relaxing or hosting gatherings. The Upper Unit is a 1-bed, 1-bath that consistently rents for $1850 + Hydro and boasts a large private balcony. BOTH units feature IN-SUITE laundry for added convenience, ensuring that comfort and practicality are top priorities for you or your tenants. The modern kitchens are equipped with elegant quartz countertops and sleek stainless-steel appliances, elevating both style and functionality. Consistently operating at an impressive 6.5% cap rate, this duplex is not just a home; its a savvy investment. Don't miss out on this exceptional opportunity in a vibrant community known for its eclectic charm and convenient amenities! Schedule a viewing today and experience all that this stunning property has to offer.

Location

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  • Address: 425 English Street
  • Neighborhood: East G
  • City: London
  • State: Ontario
  • Postal Code: N5W 3T4

Property Video

Property Details

  • Property ID: X9380298
  • Property Price: $689,900
  • Style: Duplex, 2-Storey
  • Rooms: 12
  • Bedrooms: 2+2
  • Bath: 3
  • Parking Spaces: 2
  • Year Built: 100+
  • A/C: Central Air
  • Basement: Finished, Full
  • Den: Y
  • Elevator: N
  • Exterior: Brick, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,909.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 99.00x22.00 (Feet)

Room details and dimensions

Statistics for similar Duplex homes in East G

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 Duplex homes in East G

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 Duplex homes in East G

Property History

This property has been sold 7 times before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100