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Renanza Realty
For sale

29 SPRINGBANK DRIVE

London South (South E), Ontario

MLS® X14176730

$669,900

Status
Active
Property type
Multi-family
MLS® number
X14176730
Bedrooms
4
Bathrooms
3
Year built
—

Listing description

LEGAL/LICENSED triplex with permits in place for duplex ARU build in rear yard! Excellent opportunity for those looking to live in with a mortgage helper or for investors looking to expand their portfolio with significant upside! Inside you will find 2 out of 3 units vacant.

1x 2 bed/1 bath, previously rented for $2050/month, 1x bachelor unit which could rent for an estimated $1100/month and one excellent legacy tenant. Most big ticket items have been completed in the time the owner has owned this property including, but not limited to: updated electrical, updated plumbing, attic and basement insulation, almost all windows, hot water tanks are owned, all units renovated, not to mention almost $20,000 spent for duplex plans and permits. This property is in an excellent A+ location, walking distance to Wortley Village, downtown AND park trails.

Bus to Western University is just around the corner. Large detached garage and 5 parking spots! Large 50x175 lot.

Property summary

MLS® number
X14176730
Property type
Multi-family
Building type
Triplex
Land size
50 x 175 FT
Annual property taxes
$4,405.00
Parking
6 spaces · Detached Garage, Garage
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Basement
Full
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Exterior features
Brick
Lot features
Carpet Free
Community features
School Bus

What would this home cost you?

Based on the $669,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,117 /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 THE REALTY FIRM PRESTIGE BROKERAGE INC., 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.