London East N5Y 2W5 Ontario
MLS: X12712510
Added 1 day ago | For Sale
Listed by: SUTTON GROUP - SELECT REALTY
This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Bedroom 3 | 10 ft, 10 in x 8 ft | ||
| Bedroom 3 | 10 ft, 10 in x 8 ft | ||
| Bedroom 4 | 12 ft, 5 in x 8 ft | ||
| Bedroom 4 | 12 ft, 5 in x 8 ft | ||
| Primary Bedroom | 11 ft, 1 in x 7 ft, 10 in | ||
| Main | Kitchen | 10 ft, 6 in x 8 ft, 5 in | |
| Living Room | 19 ft, 7 in x 13 ft | ||
| Kitchen | 10 ft, 6 in x 8 ft, 5 in | ||
| Living Room | 19 ft, 7 in x 13 ft | ||
| Kitchen | 15 ft, 6 in x 8 ft, 6 in | ||
| Living Room | 11 ft, 1 in x 10 ft, 1 in | ||
| Upper | Primary Bedroom | 13 ft x 10 ft | |
| Primary Bedroom | 13 ft x 10 ft | ||
| Bedroom 2 | 13 ft x 8 ft, 6 in | ||
| Bedroom 2 | 13 ft x 8 ft, 6 in |
No property rooms available.
