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Renanza Realty
For sale

553 QUEBEC STREET

London East (East G), Ontario

MLS® X13584982

$458,000

Status
Active
Property type
Multi-family
MLS® number
X13584982
Bedrooms
4
Bathrooms
2
Year built

Listing description

Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO.

Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking.

Separate entrances for both units and the full unfinished basement for storage/workshop. Both units are rented to high-quality A+ tenants for a $1650 & $1550 per month which comes to total income of $3200 monthly.

Property summary

MLS® number
X13584982
Property type
Multi-family
Building type
Duplex
Land size
32 x 100 FT
Annual property taxes
$3,537.00
Parking
4 spaces · No Garage
Days on market
37 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, Full
Exterior features
Brick, Aluminum siding

What would this home cost you?

Based on the $458,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,131 /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 EXP REALTY, TORONTO.

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.

553 QUEBEC STREET, London East, Ontario — For Sale | Renanza