5 days on Market

74 Barker St, London, Ontario N5Y 1X7

Detached
2 + 2
2
- sqft
$499,900
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Detached
2 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,147/mo

Tax Amount (2024)$2,600/yr

Days On Market5 days


Description

Fantastic Turnkey Investment Opportunity! This well-maintained 2+2 bedroom, 2 bathroom home is situated on a spacious, mature lot. The inviting living and dining area features original hardwood throughout, extending into the main floor bedrooms, and a large bay window that floods the space with natural light. The updated kitchen boasts stainless steel appliances, including a gas stove, a generous pantry, and a beautiful diamond-patterned tile layout perfect for the home chef. Enjoy the spacious backyard with a concrete patio area just off the kitchen, perfect for outdoor entertaining. With parking for 3 cars and two sheds for extra storage, this home offers plenty of convenience and space. The finished basement provides additional living and storage space, including a large utility room with laundry. A separate entrance to the basement adds potential for a granny suite or separate rental unit. Currently leased at $2435/month plus utilities, lease September 2024-September 2025, buyer must assume tenants, providing immediate cashflow. Located just minutes from Western University, Fanshawe College, downtown, and shopping, this home offers unbeatable accessibility. Updates include main floor windows and steel doors, new flooring in the basement living room, and a brand-new furnace (2024). Don't miss this prime investment in a highly sought-after area!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt-
Lot Size6,600 SqFt(132 x 50)
Parking Spaces3
MLS ®NumberX11939472
Community NameCarling
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Finished, Sep Entrance

Main Floor

Living

4.61 x 3.61

Hardwood Floor

Bathroom

2.02 x 1.95

4 Pc Bath

Kitchen

5.87 x 2.76

Combined W/Dining

Prim Bdrm

3.14 x 3.31


Features

Lot size: 6,600 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

20 to 34
31%
0 to 19
21%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget