6 days on Market

1972 Royal Cres, London, Ontario N5V 1N8

Townhouse
2 + 1
2
~1500-2000 sqft
$597,795
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Townhouse
2 + 1
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$348/sqft

Est. Mortgage$2,567/mo

Tax Amount (2024)$3,398/yr

Days On Market6 days


Description

Are you looking for a one-floor home with a legal income suite? This fully renovated bungalow offers incredible versatility in a prime location near Argyle Mall and Fanshawe College in East London. Currently configured as two self-contained units, each featuring a deluxe full bathroom, stainless steel appliances, a fireplace, and high-end finishes throughout. The main floor boasts a custom kitchen with granite countertops, an open-concept layout, and a stunning bay window overlooking a beautiful magnolia tree. The lower level, accessible via a private side entrance, offers its own open-concept space with a modern kitchen featuring quartz countertops. Outside, enjoy a large concrete pad perfect for parking or outdoor entertaining. Easily converted back to a single-family home or rent out one unit to help offset the mortgage! The property is larger than it appears, offering ample parking with room for 7 vehicles, an oversized detached garage/shop, metal roof on the house and detached garage, and even an electric vehicle charger. Enjoy a low-maintenance yard and the convenience of nearby shopping, public transit, schools, parks, and more. Situated on a quiet, walkable street, this home offers the ideal blend of comfort, turn key income, and lifestyle. Dont miss out on this exceptional opportunity to start buidling equity with this money maker!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size4,562 SqFt(122.44 x 37.26)
Parking Spaces7
MLS ®NumberX11986709
Community NameArgyle
Data SourceTRREB
Listing bySUTTON GROUP - SELECT REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Lower Floor

Kitchen

3.78 x 3.43

Bathroom

2.26 x 1.90

3 Pc Bath

Living

3.50 x 2.81

Electric Fireplace

Prim Bdrm

3.61 x 2.95


Features

Lot size: 4,562 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 6

Total parking spaces 7


Property listed by SUTTON GROUP - SELECT REALTY, Brokerage
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Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

20 to 34
24%
0 to 19
22%
50 to 64
21%
35 to 49
18%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Schools and amenities

Estimated Budget