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London South (south J),ON N5Z3T5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $337
Subdivision South J
MLS Listing ID X12468209
Bedrooms 6
Source Toronto Regional Real Estate Board
Property Description
Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 4.24 m X 3.63 m Living room
Extra Room 2 Second level 3.89 m X 3.2 m Primary Bedroom
Extra Room 3 Second level 3.1 m X 2.77 m Bedroom 2
Extra Room 4 Second level 3.2 m X 2.74 m Bedroom 3
Extra Room 5 Second level 3.63 m X 1.3 m Foyer
Extra Room 6 Second level 4.12 m X 2.74 m Kitchen
Interior
Heating Baseboard heaters
Cooling Window air conditioner
Flooring Hardwood,Ceramic
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer