1942 Duluth Crescent For Sale

London, East I, N5V 1H7

$559,000

Description

Listed by RARE REAL ESTATE.

CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods!

Two (2) Sets of DISHWASHER, REFRIGERATOR, STOVE, WASHER, and DRYER. Two (2) Sets of DISHWASHER, REFRIGERATOR, STOVE, WASHER, and DRYER.

Location

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  • Address: 1942 Duluth Crescent
  • Neighborhood: East I
  • City: London
  • State: Ontario
  • Postal Code: N5V 1H7

Property Details

  • Property ID: X11902679
  • Property Price: $559,000
  • Style: Detached, Bungalow
  • Rooms: 6+6
  • Bedrooms: 3+3
  • Bath: 2
  • Parking Spaces: 3
  • A/C: Central Air
  • Basement: Finished, Sep Entrance
  • Central Vac.: N
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,737.34 (2024)
  • Acreage: < .50 Acres
  • Lot: 136.61x501.13 (Feet)

Room details and dimensions

Statistics for similar Detached homes in East I

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 Detached homes in East I

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 Detached homes in East I

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Recently Sold

  • Detached House sold at 184 Kirkland Crescent, London, East H, N5W 5C1 - MLS: X11964625
    • Sold 9 days ago

    184 Kirkland Crescent

    London, East H, N5W 5C1

    $564,900

    $000000

  • Detached House sold at 62 Wexford Avenue, London, East I, N5V 1L9 - MLS: X11959446
    • Sold 40 days ago

    62 Wexford Avenue

    London, East I, N5V 1L9

    $525,000

    $000000

  • Detached House sold at 235 MERLIN Crescent, London, East H, N5W 5A2 - MLS: X11917328
    • Sold 58 days ago

    235 MERLIN Crescent

    London, East H, N5W 5A2

    $559,900

    $000000

  • Contact Manoj Kukreja

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

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