ON > London > East G
London, ON N5Y3B2,454 SALISBURY STREET
London, ON N5Y3B2,454 SALISBURY STREET
London, ON N5Y3B2,454 SALISBURY STREET
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$599,900
Est. payment /mo
5 Beds
2 Baths
700 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $857

Subdivision East G

MLS® Listing ID X12044473

Style Bungalow

Bedrooms 5

Originating Board London and St. Thomas Association of REALTORS®

Property Sub-Type Freehold

Property Description

INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Lower level 2.77 m X 2.85 m Laundry room

Extra Room 2 Lower level 5.65 m X 3.65 m Living room

Extra Room 3 Lower level 4.49 m X 4.48 m Kitchen

Extra Room 4 Lower level 3.76 m X 3.99 m Primary Bedroom

Extra Room 5 Lower level 3.04 m X 3.17 m Bedroom

Extra Room 6 Main level 5.6 m X 4.23 m Library

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fenced yard

Community Features School Bus

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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