7 Durham ST new

London,ON N5Y 2H9

$ 499900

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision East C

MLS Listing ID X12107700

Style 1 1/2 Storey

Bedrooms 6

Building Age 51-99

Annual Tax Amount $3,130

Tax Year 2024

Property Sub-Type Duplex

Property Description

A remarkable investment opportunity in this legal and licensed duplex to occupy this newly renovated main floor unit which includes the partially finished lower level complete with 2 bedrooms, a second full bathroom, laundry and storage space while generating rental income from the upper unit. This remarkable property boasts a detached garage with potential storage above, partially fenced yard, inground sprinkler system both front and back, separate storage shed behind the garage and a large driveway with side spot for upper tenant. This exceptionally renovated main floor with updated kitchen, stainless steel appliances including microwave range hood, updated patio doors out to a newer deck plus renovated main floor bathroom, oak flooring throughout the main floor living space and vinyl in the kitchen and bathroom, updated light fixtures and windows (front window is the only original window) plus a separate front entry offering a large front coat closet. The upper unit is presently rented ($790 plus hydro) and offers 2 bedrooms, full bathroom, kitchen with patio doors to newer upper deck plus front living room space. Furnace 2005, Central air 2013, Hot Water Tank is owned 2022, Tenants pay hydro (separate meters). An extremely manageable property with great income potential. Conveniently located close to shopping, transit, schools and access to both Fanshawe College and downtown. A solid investment whether renting and adding to your investment portfolio or occupying one of the units in order to assist with your mortgage. A rare find.

Location

Province ON

County Middlesex

Community East C

Area Middlesex

Rooms

Family Room No

Kitchen 2

Interior

Cooling Central Air

Exterior

Exterior Feature Deck

Parking Features Private Double

Garage Spaces 1.0

Pool None

Roof Type Shingles

Building

Foundation Concrete Block

Others

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