Cashflow from day one with $3940 per month rent, in this Old North Duplex. High appreciation in this million dollar neighbourhood. Main floor 2 Bedroom $1800/month plus electricity. Main floor tenant operates a spa business with a City of London business licence working from home. Upper unit is rented at $2150 Per Month inclusive. Yes, all the tenants pay the rent on time and in full! Upper unit parking is behind the lot line to the west as sellers own that land as well. Parking in driveway for main floor tenant. Separate electrical meters. Rental license in progress with no anticipated issues - Fire inspection passed in 2010. UPGRADES: Newer roof, many newer windows. Recently serviced furnace. Updated kitchen, updated bathroom, stainless steel appliances.
MLS# | 40069520 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Conditional |
Days On Site | 14 |
SQ Feet | 1,776 |
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Units | 2 |
Building(s) | 1 |
Area Information | |
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Province | ON |
County | Middlesex |
City | London |
Postal Code | N6A 3T6 |
Area | East |
Listing VS Median (in N6A 3T6) | |
Price: $579,007 low | high Med: $579,007 SqFt: 1,776 low | high Med: 1,776 $ / SqFt: $326 low | high Med: $326 On Site: 14 low | high Med: 14 Sourced by Back At You |