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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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MUCH LARGER THAN IT LOOKS! Renovated large duplex perfect for owner occupied with mortgage helper or rent both units for a lucrative investment. Many recent updates inclu...
- 7 Beds
- 3 Baths
- 40330528 MLS
Listing courtesy of NU-VISTA PREMIERE REALTY INC., BROKERAGE.
OPPORTUNITY KNOCKS! Welcome to 870 Elias Street situated in Old East Village! What a great investment opportunity this is! Licensed Duplex is a great opportunity for Firs...
- 3 Beds
- 2 Baths
- 40329870 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.
Looking for the ideal investment? Well, you've found it! This VACANT turnkey property offers many options. Whether you want to live in it and continue operating an establ...
- 5 Beds
- 3 Baths
- 40327666 MLS
Listing courtesy of THE AGENCY REAL ESTATE.
Fantastic opportunity to own this well-maintained duplex in up-and-coming SOHO district. Both units updated and vacant…perfect for owner occupation. 2-bedroom unit on upp...
- 3 Beds
- 3 Baths
- 40325621 MLS
Listing courtesy of COLDWELL BANKER POWER REALTY, BROKERAGE.
A+ location, A+ condition and best of all vacant and ready for tenants at today's market rent! Here is your chance to own a rare, legal, fully renovated, low maintenance ...
- 5 Beds
- 3 Baths
- 40322960 MLS
Listing courtesy of THE REALTY FIRM INC., BROKERAGE.
Unbelievable opportunity to own this 5-year-old purpose built duplex one block from the heart of Byron Village. Every detail has been thought out, from the stunning open ...
- 5 Beds
- 4 Baths
- 40322962 MLS
Listing courtesy of THE REALTY FIRM INC., BROKERAGE.
One of a Kind: Home + workshop + bachelor suite. This unique Investment 3 bedroom home with workshop with Bachelor unit is ideal for a small contractor or Investor or liv...
- 3 Beds
- 3 Baths
- 40326692 MLS
Listing courtesy of PINHEIRO REALTY LTD., BROKERAGE.
TO BE SOLD IN CONJUNCTION WITH 10 STUART STREET LONDON ONTARIO, 8 STUART STREET LONDON ONTARIO, 6 STUART STREET LONDON ONTARIO, AND 1024-1048 OXFORD STREET LONDON ONTARIO...
- 1 Beds
- 1 Baths
- 40326050 MLS
Listing courtesy of SUTTON GROUP - SELECT REALTY INC., BROKERAGE.
Great income opportunity or live in the large front unit and have the rear tenant pay your mortgage! This 2 storey, front and back legal duplex is steps away from charmin...
- 4 Beds
- 3 Baths
- 40326084 MLS
Listing courtesy of KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE.
INVESTMENT OPPORTUNITY- Legal duplex. Welcome to 793 Nelson Street. 2-Storey brick building with separate driveways for each apartment. Main floor apartment has a spaciou...
- 4 Beds
- 2 Baths
- 40325862 MLS
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC., BROKERAGE.
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