London, East G, N5W 3J8
$525,000
Listed by MAVERICK REAL ESTATE INC..
Located in the heart of East London, this up-down duplex presents an ideal opportunity for both investors looking to build their portfolio and homeowners seeking rental income. With both units currently vacant, it offers flexibility for immediate occupancy or rental, maximizing potential returns. The Main unit boasts generous living space including a spacious den, powder room, and a comfortable family room. Upstairs features three well-proportioned bedrooms and a full four-piece bathroom, providing ample accommodation for a family or for tenants. The Bachelor Unit (Upper Back)has a seperate private outdoor entrance, making it ideal as a mortgage helper or additional income stream. The unit is Well-sized and thoughtfully laid out, it offers privacy and convenience. Recent upgrades include; Concrete driveway, patio, and deck installed in 2022. .Roof replaced in 2021, .Interior upgrades in 2022 include fresh paint, new flooring, and updated trim, creating a modern and inviting atmosphere throughout. Ample parking available on the L-shaped lot, accommodating multiple vehicles comfortably. Conveniently located just minutes from downtown London, offering easy access to amenities, shopping, dining, and entertainment. With both units vacant, there is immediate potential for rental income or owner-occupancy.
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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.
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