202 Wharncliffe Road No longer available

London, South F, N6K 2L1

$409,900

Description

Listed by THE AGENCY REAL ESTATE.

6% Cap Rate Potential for INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY! Licensed Up & Down Duplex located in desirable Old South + business use potential! This is a great option for any investor, business owner or someone who wants to reduce their cost of living! Upper level is rented for $1,300+ hydro till December 31, 2024. Main floor tenancy is month-to-month ($870/month all inclusive). Ideal for savvy investment or owner-occupancy. This property has 3 hydro meters – one for each unit plus a 3rd for the common basement area which holds laundry, storage & building utilities. Low maintenance & taxes. Recent updates include: Brand new furnace installed (October 2023), updated electrical, new paint & flooring. Great access to Downtown, Victoria Hospital, UWO & Hwy 401. One of the best priced duplex 's in town! Call today for further information.

Other

Location

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  • Address: 202 Wharncliffe Road
  • Neighborhood: South F
  • City: London
  • State: ON
  • Postal Code: N6K 2L1

Property Details

  • Property ID: 40585201
  • Property Price: $409,900
  • Style: Duplex Up/Down, Residential Income
  • Sq/Ft: 1237
  • Bath: 2
  • Parking Spaces: 3
  • Year Built: 1955
  • A/C: Wall Unit(s)
  • Basement: Full, Unfinished
  • Heating: Forced Air, Natural Gas
  • Taxes: $2,878.00 (2024)
  • Exposure: East
  • # of stories: 2

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Property History

This property has been sold 5 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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