1582 Allen Avenue Sold 19 hours ago

London, East H, N5W 2V8

$549,900$000000

Description

Listed by CENTURY 21 FIRST CANADIAN CORP.

This licensed duplex, located in a tranquil neighbourhood, presents a lucrative investment opportunity. Consistently occupied and well-maintained, it's an appealing prospect for investors. Featuring updated heating and cooling systems and a mix of energy-efficient windows, it ensures tenant comfort and cost savings. The upper unit boasts three bedrooms, while the lower unit offers two bedrooms and a separate bachelor unit for additional rental income. Carefully looked after by the owner, it remains in excellent condition. Moreover, the property includes two owned hot water tanks, reducing expenses. With a spacious lot surrounded by apartment buildings, it holds significant potential for future development. This duplex, with its stable rental history, thoughtful upgrades, and promising outlook, represents a secure investment opportunity. Act now and secure your viewing appointment without delay. Don't miss out on this HUGE POTENTIAL OPPORTUNITY!

Location

View Map
  • Address: 1582 Allen Avenue
  • Neighborhood: East H
  • City: London
  • State: Ontario
  • Postal Code: N5W 2V8

Property Details

  • Property ID: X8375328
  • Property Price: $549,900
  • Style: Duplex, Bungalow
  • Sq/Ft: 1500-2000
  • Rooms: 10
  • Bedrooms: 3+3
  • Bath: 3
  • Parking Spaces: 4
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Finished, Sep Entrance
  • Den: Y
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,469.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 161.83x52.24 (Feet)

Room details and dimensions

Statistics for similar Duplex homes in East H

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 H

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 H

Contact Manoj Kukreja

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

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