578 WATERLOO STREET
London East (East F), Ontario
MLS® X13558130
$674,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13558130
- Bedrooms
- 5
- Bathrooms
- —
- Year built
- —
1 / 51Listing description
THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm.
An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage!
Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro.
Upper floor 2 bedroom unit currently rented for $1,950/month plus hydro (Commencing May 2026). Both A+ tenants. Basement currently rented as storage for $200/month.
Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars.
Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor.
Do not miss this opportunity to build your real estate portfolio!
Property summary
- MLS® number
- X13558130
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 1,872 sq ft
- Land size
- Bldg=33 x 165 FT ; 165.58 FTX 33.08 FTX 165.58 FTX 33.04 FT
- Annual property taxes
- $5,331.00
- Parking
- 3 spaces
- Days on market
- 47 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $674,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP, 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.