560 Ontario Street, London, ON N5W 3Y1

$498,990
4
BD
2
BA
1,639
SqFt
List Price
$498,990
Status
ACTIVE
MLS#
40282866
Price Change
▼ $25,910 1660092977
Style
Two Story
Year Built
1977
Bedrooms
4
Bathrooms
2
Living Area
1,639
Major Area
Middlesex County
District
East
Subdistrict
East G

Property Description

Newer, Purpose Built, Licenced, Legal Duplex in an old Historic Neighborhood in East London. Built in 1977 this turn key rental property is fully leased and a great investment. The main unit offers a bright living room, eat-in kitchen with plenty of cupboards and counter space, 2 bedrooms and 4 piece bathroom rents for $1,025. The 2nd unit features a living room, kitchen with a dining area, 2 bedrooms and a 4 piece bath rents for $1,350. There is even a small private porch off the bedroom. The backyard has a small patio and plenty of parking for tenants. Separate meters, each unit has its own wall furnace for heating. Building is a slab on grade design with no basement to worry about. Gross Income 2021 $27,237.90 Net Income $22,117.50. Don't miss out, very good buy, great tenants, priced to sell.

Additional Information

Interior Features
High Speed Internet, Separate Heating Controls
Sewer
Sewer (Municipal)
Cooling
None
Heating
Natural Gas, Wall Furnace
Exterior Features
Balcony, Separate Hydro Meters

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the London and St. Thomas Association of REALTORS®. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.