Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, South F, N6C 1B4
$699,900$000000
Listed by COLDWELL BANKER POWER REALTY, BROKERAGE.
Fully licensed legal duplex located in desirable Wortley Village steps to great shops, restaurants, parks, trails and walking distance to downtown London. This purpose-built duplex is a Landlord’s dream with everything separated for peace of mind - 2 gas furnaces, 2 central air conditioners, 2 owned tankless water heaters, separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 2 bedrooms and 1 full bathroom. 3 parking spaces located on site. The main floor unit has been recently renovated and is leased at fair market value for $1,895/month plus all utilities until January 2025. The larger upstairs unit is rented for $1,079/month on month to month basis and will be vacant as of May 1, 2024, allowing new Buyer to set their own rents or owner occupy. Current market rents for this upstairs unit are approximately $2,250 plus utilities. This property is extremely easy to manage and perfect for both investors and owner occupiers looking to live in one unit and pay down a significant portion of their mortgage with the rents from the other unit. This is a perfect opportunity to get into the market and own your own home in desirable Wortley Village. City of London Rental License and main floor lease attached in documents tab.
Dishwasher,Dryer,Hot Water Tank Owned,Refrigerator,Stove,Washer,2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers, 2 Tankless Water Heaters.
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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.