London, East L, N5Z 2A3
$399,000$000000
Listed by CERTAINLI REALTY INC.
Welcome to an investment opportunity in the heart of London, Ontario. This rare gem is a spacious single family home located on a massive corner lot and currently has two separate units/living quarters. This property is a savvy investor's dream come true. The property boasts a generous 60'x120' corner lot, providing ample space for outdoor activities, landscaping, and potential future expansion. This feature is a rarity in the current real estate landscape and adds significant value to the property. The property is an ideal investment opportunity, whether you're looking to rent out both units for passive income or live in one unit while renting out the other, the possibilities are limitless. This home is ready for a visionary investor to unlock its full potential. With some strategic renovations and updates, you can maximize the property's value and returns. The front Unit Offers 1 bedroom, 1 Bath and a large living room that connects to the kitchen. The back unit Offers 4 bedrooms, 2 bathrooms, family room, sun room, living room, and potential for additional living areas. There is also a huge workshop/shed area that would be perfect for someone looking to have the additional space or tear down for a larger property. Whether you're an investor or looking for a home with rental income potential, this home is a versatile asset. Seize the opportunity before it's gone!
Possession: Buyer can either choose immediate and assume the current tenant. Or 60+Days for vacant possession
Foyer
Other
Workshop
Other
Family
Sunroom
Kitchen
Bathroom
Br
2nd Br
3rd Br
4th Br
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.
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.