ON > London East > East B
London East, ON N6A 2V6,808 TALBOT ST
London East, ON N6A 2V6,808 TALBOT ST
London East, ON N6A 2V6,808 TALBOT ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$849,900
Est. payment /mo
6 Beds
2 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East B

MLS Listing ID X12130084

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $7,488

Tax Year 2024

Property Sub-Type Duplex

Lot Depth 164.09

Lot Front 41.01

Appx SqFt 2000-2500

Property Description

Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth.

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Zoning R3-2

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Water Heater, In-Law Capability, In-Law Suite, Guest Accommodations

Cooling Central Air

Inclusions 2 Refrigerators, 2 Stoves, Dishwasher, 2 Washers, 2 Dryers

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Road Frontage Paved Road

Lot Frontage 41.01

Lot Depth 164.09

Total Parking Spaces 5

Building

Foundation Poured Concrete

New Construction false

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

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Listed by COLDWELL BANKER POWER REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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