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Duplex for sale in London Ontario
Those looking to purchase real estate in the area can expand their options by including the selection of duplexes for sale in London Ontario. Duplexes are a favourite for investors, either by renting out both units or to live in one while a renter helps take care of a large portion of expenses. If you are in search of an investment property London Ontario buyers are finding increasingly attractive, consider adding duplexes to your list.
Types of Duplexes for Sale in London Ontario
There are several types and styles of duplexes for sale in the London Ontario area. You should first be aware of whether a duplex was originally constructed as a two unit property, or was converted into a duplex. Many large, older London Ontario homes were converted into two unit properties to increase income and/or value. In conversions, it is important to know if, and what utilities have been separated during conversion. In some conversions, plumbing, for example, remained central to minimize construction expenses. This impacts who ultimately, is responsible for utility payments. London Ontario neighbourhoods also include both converted and original construction up/down duplexes and side by side duplexes.
Choosing the Right Duplex House for Sale London Ontario
Selecting the right duplex will depend on your goals for the property. If you have the intention of living in half of the duplex, you will want to choose a property in the location best for your personal needs. If your purchase is purely as an investment property London Ontario, your choice will likely be more influenced by your ROI (Return on Investment). Factors that can improve ROI include a historically well-maintained property, solid tenants with lengthy tenancy, and good cash flow. It can be valuable to determine if rents currently being charged are at market rates.
Duplexes for Sale in London Ontario
Multi-family homes for sale like duplexes can be found in many London Ontario neighbourhoods, in and around the metro. In some cases, duplexes for sale London Ontario are comparable in pricing to single-family homes of similar square footage. Like single-family homes, duplexes for sale in London Ontario can vary widely in price from the low $200,000 range to $1 million plus. First-time buyers of an investment property London Ontario should also be aware that rental properties are treated differently by both mortgage and insurance companies. This is just another reason seeking professional assistance can be valuable in finding the duplex appropriate for you and your real estate goals.
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AMAZING 2 UNIT BUILDING. THE ORIGINAL HOUSE IS 2000 SQ/FT LIVING AREA WITH AN AUXILLARY DWELLING WITH 800SQ/FT BESIDE AND BEHIND THE ORIGINAL HOME. THE ORIGINAL H...
- 6 Beds
- 3 Baths
- 40204217 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
Located in the heart of London's "SOHO" district which is undergoing a massive redevelopment. (https://www.cbc.ca/news/canada/london/research-project-gives-a-voice-to-lon...
- 4 Beds
- 2 Baths
- 40201838 MLS
Listing courtesy of EXP REALTY, BROKERAGE.
DREAM INVESTMENT PROPERTY - CLOSE TO FANSHAWE COLLEGE, UNIVERSITY OF WESTERN ONTARIO and DOWNTOWN Perfect for students or the young professional. With 8 bedrooms total (...
- 8 Beds
- 10 Baths
- 40201825 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP KAMRAN KOORAKANI INC., BROKERAGE.
Fantastic Rare Opportunity to own 2 side by side, One floor Semi's. All brick, meticulously maintained over the years, each unit features a bright living room, large eat...
- 5 Beds
- 4 Baths
- 40200917 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
Turn-Key Duplex. Great investment property or owner occupy one of the units and rent out the second unit. This charming up and down duplex is on a bus route, walking dis...
- 4 Beds
- 3 Baths
- 40200653 MLS
Listing courtesy of ROYAL LEPAGE TRILAND REALTY.
Rare Opportunity to own an Old South Duplex with Two car garage. This is an amazing House Hacking opportunity to live in one unit and offset your mortgage with the othe...
- 4 Beds
- 2 Baths
- 40200560 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
LUCRATIVE DEAL FOR INVESTORS !!! INVESTORS DREAM PROPERTY !!! Excellent opportunity to add to your portfolio with this Duplex (separately metered). Don't miss this oppo...
- 4 Beds
- 2 Baths
- 40195482 MLS
Listing courtesy of NU-VISTA PREMIERE REALTY INC., BROKERAGE.
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