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Renanza Realty
For sale

163 EMERSON STREET

London South (South I), Ontario

MLS® X13243428

$574,000

Status
Active
Property type
Multi-family
MLS® number
X13243428
Bedrooms
4
Bathrooms
3
Year built

Listing description

Vacant and ready for immediate possession! The tenants have officially moved out, meaning you can close and move right in without waiting. This home is the absolute perfect opportunity for house hacking.

If you choose to live in the smaller front unit and rent out the second unit, you could enjoy a net mortgage payment of just $1,180 per month with a minimal down payment of only 5. 6%- less than rent! What truly sets this property apart is the complete separation between the units (each has it's own furnace, a/c, and water heater) and extensive sound insulation on the one shared wall.

And, reduce your long-term maintenance costs with the extensive capital renovation completed in 2021. Updated with new:-exterior siding; -new decks for each unit, complete with natural gas BBQ connections and the BBQs included;-reworked plumbing and electrical, including a separate 2nd panel;-2x forced-air furnaces; -2x hot water heaters, - and every major appliance replaced (washers, dryers, fridges, stoves)Each unit is outfitted with its own full kitchen, over-the-range microwave, and in-suite washer and dryer. Don't miss out on this rare, worry-free opportunity to live affordably while building effortless equity.

Property summary

MLS® number
X13243428
Property type
Multi-family
Building type
Duplex
Land size
39.8 x 158.4 FT
Annual property taxes
$3,671.00
Parking
4 spaces · No Garage
Days on market
83 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partially finished, N/A
Appliances
Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Window Coverings, Two Washers, Water Heater, Two Refrigerators
Exterior features
Vinyl siding

What would this home cost you?

Based on the $574,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,671 /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 RIGHT AT HOME REALTY, LONDON.

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.