454 Salisbury St, London East, Ontario N5Y 3B2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$678/sqft
Est. Mortgage$2,490/mo
Tax Amount (2024)$4,169/yr
Days On Market19 days
Total Days On MarketWahi shows you the total number of days a property has been on market, including days it's been off market then re-listed, as long as it's within 30 days of being off market.89 days
Description
INVESTORS! You're not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.7% 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.
Property Details
Interior
Features
Main Floor
Kitchen
3.54 x 4.15Primary
3.94 x 4.0Br
3.02 x 3.12Br
2.83 x 3.12Exterior
Features
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 2
Total parking spaces 3
Property History
47
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