27 days on Market

193 Waterloo St, London, Ontario N6B 2N1

$499,900
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Townhouse
2 + 2
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$224/sqft

Est. Mortgage$2,147/mo

Tax Amount (2023)$3,033/yr

Days On Market27 days


Description

Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Selling as is.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size4,137 SqFt(87.8 x 47.12)
Parking Spaces5
MLS ®NumberX9511129
Community NameCentral London
Data SourceTRREB

Features

Heating: Other
Fireplace
Basement: Crawl Space

Ground Floor

Bathroom

3.54 x 2.10

4 Pc Bath

Br

3.52 x 3.16

Br

3.51 x 2.28

Family

3.69 x 3.46


Features

Lot size: 4,137 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Now
ListedFor Salefor$499,900Active
27 days on market
Listing by trreb®
history photo preview40
Oct 24, 2024
ListedFor Salefor$549,900Expired
Stayed 92 days on market
Listing by trreb®
history photo preview40
Nov 16, 2015
ListedFor Salefor$214,900Sold for$•••,•••
Stayed 19 days on market
Listing by trreb®
history photo preview18
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Property listed by RE/MAX ADVANTAGE REALTY LTD., Brokerage
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