London, North N, N6H 2A8
$580,000
Listed by SUTTON GROUP - SELECT REALTY.
Legal up/down Duplex located on direct bus route to UWO and walking distance to downtown London. Great opportunity for those buyers seeking an income helper by renting one of the units while living in the other. Step inside and you will be very impressed with the craftsmanship and attention to detail. This tastefully renovated home features 2 single bedroom units with upgraded granite kitchens, hardwood flooring, tiled/glass showers, and an open concept layout. Entirely spray foamed, not only is the road noise low, so are the utilities! With boiler heat and split system A/C units you're looking at an average of $300/month, combined. Plenty of parking around back via your private drive on the south side of the house. For those looking to increase your cashflow and invest in Accessory Dwelling Units, the 200' lot offers a ton of potential. Once a triplex, the house has 3 hydro meters. Shingles, electrical, and plumbing, all updated within the past 12 years. This house is incredibly well maintained and an absolute pleasure to show. Main floor unit currently rented at $1500/utils incl to a AAA tenant, month to month. Upper unit is set to rent for $1800/utils incl as of end of August.
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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.
This property has been sold 8 times before. To view this property's sale price history please sign in or register: