London South N5Z 3T5 Ontario
MLS: X12468209
Added 3 hours ago | For Sale
Listed by: SUTTON GROUP-ADMIRAL REALTY INC.
Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Foyer | Closet | 11 ft, 11 in x 3 ft, 4 in |
| Kitchen | Combined w/Dining, Ceramic Floor, Window | 13 ft, 6 in x 9 ft | |
| Dining Room | Combined w/Kitchen, Ceramic Floor | 0 ft x 0 ft | |
| Living Room | Hardwood Floor, Large Window, Overlooks Frontyard | 13 ft, 11 in x 11 ft, 11 in | |
| Primary Bedroom | Hardwood Floor, Closet, Window | 12 ft, 9 in x 10 ft, 6 in | |
| Bedroom 2 | Hardwood Floor, Closet, Window | 10 ft, 2 in x 9 ft, 1 in | |
| Bedroom 3 | Hardwood Floor, Closet, Window | 10 ft, 6 in x 9 ft | |
| Second | Foyer | Closet, Window | 11 ft, 11 in x 4 ft, 3 in |
| Kitchen | Combined w/Dining, Ceramic Floor, Window | 13 ft, 6 in x 9 ft | |
| Dining Room | Combined w/Kitchen, Ceramic Floor | 0 ft x 0 ft | |
| Living Room | Hardwood Floor, Large Window, Overlooks Frontyard | 13 ft, 11 in x 11 ft, 11 in | |
| Primary Bedroom | Hardwood Floor, Closet, Window | 12 ft, 9 in x 10 ft, 6 in | |
| Bedroom 2 | Hardwood Floor, Closet, Window | 10 ft, 2 in x 9 ft, 1 in | |
| Bedroom 3 | Hardwood Floor, Closet, Window | 10 ft, 6 in x 9 ft |
No property rooms available.
