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Renanza Realty
For sale

1 SOUTHWOOD Crescent

London, Ontario

MLS® 40871377

$759,000

Status
Active
Property type
Multi-family
MLS® number
40871377
Bedrooms
5
Bathrooms
2
Year built
—

Listing description

Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London.

This well-maintained, tenanted duplex generates just over $4K per month in rental income. Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.

The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation. Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.

Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities. This one is a must see in a prime South London location!

Property summary

MLS® number
40871377
Property type
Multi-family
Building type
Duplex
Size
1,100 sq ft
Title
Freehold
Annual property taxes
$7,047.00
Parking
4 spaces
Days on market
17 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partially finished, Full
Exterior features
Vinyl siding, Brick Veneer

What would this home cost you?

Based on the $759,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,532 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Rock Star Real Estate Inc., Oakville.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.