11 Connaught Avenue Sold a year ago

London, East G, N5Y 3A4

$499,900$000000

Description

Listed by MAVERICK REAL ESTATE INC., BROKERAGE.

UPPER UNIT TENANT VACATING BY OCTOBER 1, LOWER tenant pays 985/mo plus their own electricity.- Introducing a rare purpose-built 4 bedroom investment property currently being operated as a duplex, featuring an upper and lower unit, offering both a comfortable living space and excellent investment potential. Each unit has its own entrance, kitchen, bathroom, and convenient in-suite laundry facilities, providing a private and self-contained living experience. Both of these units are rented to tenants who are currently month-to-month, so this setup is perfect for those seeking a mortgage helper by moving into one of the units themselves while renting out the other, or for savvy investors looking to maximize their returns. Furthermore, this property offers the versatility to be converted back into a single-family home, catering to the changing needs of its future owner. The independence of separate water heaters, hydro metres and outdoor storage for each unit provides additional convenience and utility. Location is key, and this home is ideally situated in close proximity to Fanshawe College, downtown amenities, and a main bus route to ensure a steady stream of potential tenants, making it an appealing choice for both students and working professionals alike. Whether you're looking for a comfortable home with a built-in income source or a smart investment venture, this property offers the best of both worlds. Schedule a viewing today and explore the potential this property has to offer.

Dishwasher,Dryer,Refrigerator,Stove,Washer,Upper- Stove, Washer, Dryer.

Location

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  • Address: 11 Connaught Avenue
  • Neighborhood: East G
  • City: London
  • State: ON
  • Postal Code: N5Y 3A4

Property Details

  • Property ID: 40451566
  • Property Price: $499,900
  • Style: Single Family Residence, Bungalow Raised
  • Sq/Ft: 2028
  • Rooms: 7+6
  • Bedrooms: 2+2
  • Year Built: 1989
  • A/C: Other
  • Basement: Separate Entrance, Full, Finished
  • Exterior: Brick, Vinyl Siding
  • Heating: Baseboard, Electric
  • Taxes: $2,702.39 (2022)

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Room details and dimensions

Statistics for similar Single Family Residence 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 Single Family Residence 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 Single Family Residence homes in East G

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  • Contact Manoj Kukreja

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

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