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560 ONTARIO Street
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$498,990
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560 ONTARIO Street
London, Ontario N5W3Y1

MLS® Number: 40282866
4 + 0
Bedrooms
2
Bathrooms
Do I qualify for the First-Time Home Buyer Incentive?

Description

Newer, Purpose Built, Licenced, Legal Duplex in an old Historic Neighborhood in East London. Built in 1977 this turn key rental property is fully leased and a great investment. The main unit offers a bright living room, eat-in kitchen with plenty of cupboards and counter space, 2 bedrooms and 4 piece bathroom rents for $1,025. The 2nd unit features a living room, kitchen with a dining area, 2 bedrooms and a 4 piece bath rents for $1,350. There is even a small private porch off the bedroom. The backyard has a small patio and plenty of parking for tenants. Separate meters, each unit has its own wall furnace for heating. Building is a slab on grade design with no basement to worry about. Gross Income 2021 $27,237.90 Net Income $22,117.50. Don't miss out, very good buy, great tenants, priced to sell. (64854837)

Location Description

TURN NORTH OFF OF DUNDAS STREET ONTO ONTARIO STREET. DUPLEX IS APPROXIMATELY 6 STREETS DOWN ON THE RIGHT (EAST SIDE OF THE ROAD).

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Subdivision Name
East G
Title
Freehold
Land Size
0.099 ac|under 1/2 acre
Built in
1977
Total Parking Spaces
4
Time on REALTOR.ca
59 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Refrigerator, Stove, Microwave Built-in
Basement Type
None
Building Features
Features
Golf course/parkland, Crushed stone driveway, Shared Driveway
Style
Detached
Architecture Style
2 Level
Fire Protection
Smoke Detectors
Floor Space
1639.6400
Rental Equipment
Water Heater
Structures
Porch
Total Units
2
Heating & Cooling
Cooling
None
Heating Type
(Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Airport, Golf Nearby, Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
4

Rooms

MetricImperial
Main level
Utility room
4pc Bathroom
Bedroom
Primary Bedroom
Kitchen
Living room
Second level
4pc Bathroom
Bedroom
Primary Bedroom
Kitchen
Living room

Land

Lot Features
Frontage
33 ft
Land Depth
124 ft
Other Property Information
Access
Road access, Highway access, Highway Nearby
Zoning Description
R3-2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS RD.W., LONDON, Ontario N6J 1Y3

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